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Articles Recently Tagged: Luke Brugnara

(13 posts)
Luke Feels the Foreclosure Force (as Do Lenders Number Two)

Luke Feels the Foreclosure Force (as Do Lenders Number Two)

While the 6,375 square foot home at 130 Sea Cliff Avenue has sold for a reported $13,000,000, down the street at 224 Sea Cliff Avenue the 5,552 square foot home is scheduled to hit the courthouse steps tomorrow with $7,983,898 owed on a 2007 era first mortgage for $6,000,000.... Read More »

351 California Sells At Auction For $35 Million To Stalking Horse Bid

In 2009 Luke Brugnara’s Brugnara Properties lost 351 California to foreclosure. As plugged-in people know, the building had been encumbered with a first mortgage of roughly $33 million and a second of roughly $11 million. Yesterday 351 California sold in a court ordered auction for its stalking horse bid... Read More »

Brugnara Properties Headquarters Headed For Foreclosure?

From a plugged-in tipster today: 351 California is one of the Dollar buildings (forgot which one), later the Pacific Bank Building, and currently the HQ Brugnara Properties. Luke Brugnara is one of the most storied characters in the commercial real estate scene. The building is scheduled for the... Read More »