Peter Pays Paul

Inside commercial hard money lending.

19 Jan

Lembi Update: More Apartments Sell

Category: Commercial Real Estate, Real Estate Investing

The San Francisco Business Times is reporting that More Lembi buildings sell.

Washington, D.C.-based Klingbeil Capital Management has paid about $10 million to acquire three San Francisco apartment buildings that were part of the Lembi Group’s rapidly disintegrating multi-family empire.

Tags: Bay Area, California, Commercial Real Estate, Distressed Property, San Francisco


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Posted Tuesday, January 19th, 2010 at 9:49 am
Filed Under Category: Commercial Real Estate, Real Estate Investing
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