Clem Carinalli

Clem Carinalli was the largest individual property owner in Sonoma County. Now his real estate empire is falling apart in U.S. Bankruptcy Court as he tries to restructure $165 million in debt owed to a long list of creditors.

Recent Articles About Clem Carinalli

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  Thiessen offers to give up remaining properties in bankruptcy

  Published February 6, 2012
  Orrin Thiessen, the bankrupt developer who built Windsor's Town Green Village, is offering to surrender real estate holdings to clear away $22M in debt.
  
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  PD Editorial: A new year brings a list of new laws

  Published January 1, 2012
  Welcome to 2012. As always, an abundance of new state laws take effect today, and many of them can't be ignored as easily as an ill-chosen New Year's resolution.
  
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  Bank donates Carinalli house to homeless agency

  Published December 8, 2011
  A foreclosed Santa Rosa house, seized from bankrupt financier Clem Carinalli, will soon become housing for people who have lost their homes.
  
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  Construction slowdown drives out local builders

  Published October 30, 2011
  New home construction remains close to record lows in Sonoma County in 2011. And most of the new homes are the work of out-of-county builders.
  
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  Prominent Healdsburg developer files bankruptcy

  Published October 4, 2011
  Healdsburg real estate investor Lukhbir Gill has filed bankruptcy and is attempting to restructure millions in debts.
  

• S&L swindler Soderling charged with tax evasion

  Published September 9, 2011
  A convicted savings and loan swindler whose subsequent development schemes contributed to the fall of Sonoma County's largest land investor, Clem Carinalli, now has been charged with federal tax evasion.
  

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