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and has instead hired to manags and lease the property as according to real estate sources familiar with the The decision came after a number of including -owned , made offers on the Offers were significantly below the debt the developers owes on the according to sources. The 17-story structure is one of a numbef of San Francisco condo projects that are goingrenta — or considering going rental at a time when the apartment markeft is starting to weaken and condo prices are Another condo development, the 52-unit Artani at 818 Van Ness is now advertising units as rentals. At 1401 Markeg St.
, Crescent Heights is planning apartments rather than condos ina two-towefr project approved 18 months ago for 720 Anka development owns another site at 55 Ninthj St., which is entitled for 260 Riverstone Residential operates more than 200,000 apartments with a combined asset value of $25 billion. It has 31 officea with 5,200 employees. The compan operates the hillside Courtyard Apartments in Daly City andthe 312-uniy Allegro at Jack London Square.
A spokeswomab from Riverstone did not return a callseeking
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