The building is owned by Somerset 2002 LLC.
In 2002, when Somerset 2002 was filing a certificate of authority to operate in Michigan (was formed in North Palm Beach, FL), it was owned at least in part by Hanna Karcho, presumably a.k.a. Hanna Karcho Polselli.
In 1998, PACIFIC XVII, Inc., a corporation owned and operated by Remo Polselli, bought the building from Summerset Apartments Limited Partnership for maybe as little as $100k.
In 2005, the city and county filed a lis pendens against Somerset 2002 LLC and a handful of other entities, including PACIFIC XVII, Inc, presumably as a step in condemning the building.
Anybody want to help me out with a good Sugar Loaf pun?