Date: Wednesday, February 10, 2010, 6:10 AM

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In re LRL Citi Properties I DE, LLC (d/b/a CitiApartments)
Chapter 11 Voluntary Bankruptcy Petition
Contributor: Randall Reese netDockets.com

SUMMARY: Yesterday, four entities affiliated with major San Francisco landlord CitiApartments and its owners, the Lembi family, filed for chapter 11 protection in the Northern District of California. The four entities are Hermann Street DE, LLC; LRL Citi Properties I DE, LLC; Trophy Properties I DE, LLC; and Sutter Associates DE, LLC. Those four entities collectively own approximately 15 properties in San Francisco, with most being owned by LRL Citi Properties I DE, LLC. Below is a complete list of the properties owned, according to the companies' chapter 11 petitions (all properties are owned by LRL Citi unless provided otherwise):
980 Bush Street, San Francisco, CA
665 Eddy Street, San Francisco, CA
725 Ellis Street, San Francisco, CA
701 Fell Street, San Francisco, CA
520 Geary Street, San Francisco, CA
525 Leavenworth Street, San Francisco, CA
535 Leavenworth Street, San Francisco, CA
666 O’Farrell Street, San Francisco, CA
675 O’Farrell Street, San Francisco, CA
930 Post Street, San Francisco, CA
2656 Van Ness Avenue, San Francisco, CA
1408 California Street, San Francisco, CA (owned by Trophy Properties I DE, LLC)
2 Guerrero Street, San Francisco, CA (owned by Trophy Properties I DE, LLC)
400 Page Street, San Francisco, CA (owned by Trophy Properties I DE, LLC)
15 Hermann Street, San Francisco, CA (owned by Hermann Street DE, LLC)
861 Sutter Street, San Francisco, CA (owned by Sutter Associates DE, LLC)
For more background on CitiApartments and the Lembi family, please see a December 2009 article from San Francisco Magazine or view articles on sf.curbed.com tagged with CitiApartments or Lembi Group.
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