Latest on Lembi Collapse
From SF Business Times: Klingbeil Capital latest to feast on Lembi holdings Klingbeil Capital Management has joined the growing cadre of private real estate investment firms taking advantage of the …
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Same Business Plan, Different City
A British company, The New York Times reports, had the same idea as the Lembi’s did, and met a similar fate. Dawnay Day bought up 47 rent controlled apartment buildings …
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