San Francisco Multi-family Mixed-use Real Estate Firm Manages Over $3.5 Billion in Assets
SAN FRANCISCO (Jan. 7 , 2021) – San Francisco-based Veritas Investments announced today it has promoted Justin Sato to President of the firm, reflecting the ongoing growth of one of California’s premier managers of multi-family and mixed-use retail real estate. Privately held Veritas manages assets in excess of $3.5 billion including more than 6,000 apartments and commercial retail space, primarily in the San Francisco Bay Area and Los Angeles.
Sato previously served as Chief Strategy and Portfolio Officer and before that was Chief Operating Officer. He joined Veritas in 2012 as Chief Financial Officer. Sato has two decades of experience in both privately held real estate companies and publicly traded real estate investment trusts.
“Justin has been instrumental to Veritas’ growth for more than eight years, and most recently has led execution on a number of portfolio and investment initiatives while enhancing resiliency of the organization during these turbulent times,” said CEO Yat-Pang Au.
In addition to overseeing the Portfolio Management and Capital Markets teams, Sato will now also be overseeing the Investment Group while continuing to be an architect of Veritas’ growth strategy in partnership with CEO Au and the executive team.
About Veritas Investments
San Francisco-based Veritas, founded in 2007, is one of the largest managers of multifamily, urban retail and mixed-use properties in California. Veritas oversees assets in excess of $3.5 billion including more than 6,000 apartments and commercial retail space. Vertically integrated, the firm provides property management, leasing, project management, redevelopment, accounting, asset management, financing, and investment management services. For further information visit www.veritasinvestments.com.
