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Tribeca Cos. Sells Part of UBS/Lembi Acquisition

Prado Buys 9 Apt. Complexes
By Dana Gorghis
June 15, 2011 | 3:11 P.M.

Tribeca Cos., a private equity real estate investment firm, sold nine of the 12 properties in its portfolio recently acquired from lender UBS, previously owned by the Lembi Group. The sale comprises 155 apartment units and one retail space in prime areas of San Francisco, CA, as well as one location in downtown Burlingame.

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