San FranciscoFeb 6, 2024Brookfield and Ballast paid $615M for nearly $1B in troubled Veritas debtInvestors gained 2,165 apartments in San Francisco at discount price of $284K per unit
San FranciscoJan 25, 2024Brookfield’s SF apartment buy leads to “massive loss” for investors Bondholders lose 50% plus, in part from “extremely unique” $200M holdback
San FranciscoJan 18, 2024Brookfield forecloses on 2,150-unit Veritas portfolio with uncontested $464M bid“Unprecedented” foreclosure sale on sidewalk near City Hall ends year-long default saga for SF’s largest apartment owner