In 2008, I was running the Bay Area office that I founded for a regional West Coast high-density residential for-sale developer. When Lehman Brothers filed for bankruptcy on September 15, I had just delivered 400 units that were about 50 percent presold in two developments in downtown San Francisco. Within about 12 months, my San Francisco operation was consolidated into the Seattle-based corporate office as the company downsized from five to two offices.
