Articles Recently Tagged: CitiApartments

(4 posts)

San Francisco Landlord Tops List Of Bay Area Tax Delinquents

Of the top 500 tax delinquents in California, former CitiApartments Managing Partner and cousin of the late Walter Lembi, David M. Raynal, is number six with $2.59 million owed, the top Bay Area tax delinquent according to the State’s Franchise Tax Board. While any professional or occupational licenses held... Read More »

Is That The Fat Lady We Hear Singing Over At CitiApartments?

Is That The Fat Lady We Hear Singing Over At CitiApartments?

Pledged as collateral on a number of loans which are now in default, it’s a plugged-in tipster that notes “the Debtors’ respective membership interests in the limited liability companies” which own the following properties are scheduled to be sold on December 12: 78 Buchanan Street 233-241 Church Street 252-258... Read More »

The Story (And Faces) Behind The Rise And Fall Of The Lembis

The Story (And Faces) Behind The Rise And Fall Of The Lembis

San Francisco Magazine digs deep to tell the story of the Lembis. Their business plan was simple: Exploit the difference between artificially low, rent-controlled rents and the sky’s-the-limit, market-rate rents they could charge when the old tenants were out and new ones took their place. This has been the... Read More »

CitiApartments Is No More! Well, Sort Of…

A plugged-in tipster reports: Just finishing up escrow on our first condo purchase and trying to get out of…CitiApartments. This morning called them and a receptionist answered “First Apartments how can I assist you?” First Apartments? I asked her, is this still CitiApartments? She said, “We have changed our... Read More »