Don Carmignani, the San Francisco businessman who was the subject of national headlines in 2023 for a brutal Marina District confrontation involving a homeless man, has sold a Financial District building just weeks before it was scheduled to be auctioned in foreclosure.
The two-story building at 214 California St., steps away from downtown’s gleaming office towers, was sold on Thursday for $3.7 million, according to a deed for the property obtained by the Chronicle. The roughly 9,000-square-foot property, which was tied to Carmignani’s early medical cannabis ventures and in recent years became the site of an Italian deli that he appears to have helped launch, was slated for lender-forced sale on March 26.
The property was purchased by 2012-4 California LLC, an entity registered to Robert Satrap, who is affiliated with the San Rafael-based painting and drywall company Russell Hinton Co. — both companies share the same address. A 26-year lease agreement was forged earlier this month between 214 California St.’s new owner and the drywall company, public records show.
The Chronicle attempted to reach both Carmignani and Satrap, but did not hear back…