The company was involved in a 4 million dollar settlement with embattled Arkansas developer Ben Israel.
The Pleasanton, California school district has sued Signature Properties and another company for not funding the building of an elementary school in the Ruby Hills district. A preliminary judicial judgment by the Alameda County Superior Court has ruled in the companies' favor deciding that Signature et al are not obligated to build it. A decision on whether or not to appeal has yet to be made and all parties have agreed to extend the statute of limitations on making such an appeal while negotiating in arbitration.
Due to the sub prime mortgage crisis some of the company's projects are not selling very well, such as the Candlestick Cove development adjacent to Candlestick Park in the far southern Bayview District in San Francisco.
Signature also helps to sell properties and will even lease them while they are for sale so that the owners can make extra monies.