Real Estate Exec Disavows Shadowy Consortium Poised to Buy State Buildings
Former HUD secretary's firm was named in documents as an investor, but he denies any involvement
By ELIZABETH LESLY STEVENS on December 27, 2010 - 5:43 p.m. PST
Former Los Angeles Mayor James Hahn, left, Gov. Arnold Schwarzenegger, center, and CityView Chairman Henry Cisneros attend a fund-raiser at the Beverly Hilton in Los Angeles Oct. 1, 2008
Henry Cisneros, the former U.S. Secretary of Housing and Urban Development and current chairman of the commercial real estate firmCityView, on Monday disavowed his association with a mysterious consortium of investors who are poised to snap up 11 premier state office complexes, including San Francisco’s massive Civic Center.
The group, California First LLC, bid $2.33 billion for state office complexes that include the California Public Utilities Commission building