BERKELEY, Calif. — Relatives of six college students who died when a balcony collapsed in Berkeley, California, have reached a settlement with the owners of the apartment building and the company that managed it, it was announced Monday. Terms of the lawsuit settlement with owner BlackRock and management firm Greystar were confidential. Another settlement was reached in May with companies that designed and built the building. BlackRock and Greystar did not agree to a settlement at that time so the lawsuits continued. Previous tenants reported seeing mushrooms on the balcony, indicating rotting wood and that was confirmed by a city inspection.

Source: National Post November 21, 2017 01:18 UTC