LeFever Mattson, a once-prominent Sonoma real estate investment company now in bankruptcy, is seeking court approval to sell off some of its most iconic properties. This includes the Cornerstone complex, the General’s Daughter estate, and the Depot Hotel Restaurant.
The company’s collapse, marked by internal disputes and federal investigations, has left Sonoma residents eager for change. Neighbors have long complained about neglected properties, and now hope these sales will revitalize the area.
A court-appointed accountant is overseeing the liquidation, aiming to repay lenders and investors. The proposed sales involve dozens of properties, with iconic Sonoma sites handled by major real estate firm CBRE.
While some are optimistic, concerns remain about who will acquire these cherished local landmarks. A court hearing on the sale procedures is scheduled for February 28th.