Ballast

Brookfield Forecloses On 76 Apartment Buildings in SF for $463.5M

Brookfield 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

Brookfield and Ballast paid $615M for nearly $1B in troubled Veritas loans

Brookfield and Ballast paid $615M for nearly $1B in troubled Veritas debt

Investors gained 2,165 apartments in San Francisco at discount price of $284K per unit

Brookfield’s SF apartment buy leads to “massive loss” for investors

Bondholders lose 50% plus, in part from “extremely unique” $200M holdback

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