History

Veritas Investments dates back nearly 20 years, with the firm having grown out of the initial success of property investments made by Founder and Chief Executive Officer Yat-Pang Au.


Mr. Au is a San Francisco Bay Area native and self-starter who, as a youngster, fixed coin-operated laundry machines to help the family business. He acquired his first investment property in 1996 and then built Veritas from the ground up by following a straightforward strategy: acquire classic properties, make upgrades to improve the resident experience and property values, and work within the community as a good neighbor who values the past, while looking to forge a better future.

Here’s how Veritas has grown from Mr. Au’s first apartment building in Silicon Valley to become one of the largest apartment operators in the San Francisco Bay Area.

1996

Yat-Pang Au acquires his first real estate asset: seven units in a condominium complex in Silicon Valley.

2003

Au acquires his first multifamily property in San Francisco – a three-story building with seven apartment units in the City’s Mission District.

2007

Veritas Investments is formed to manage real estate investments on behalf of institutional and individual investors, focusing primarily on apartment properties in San Francisco.

2008

SF GoGreen, a wholly owned subsidiary of Veritas, completes construction of its first solar panel project atop a three-story apartment building that it owns in the City’s Mission District. Today, Veritas is one of the largest providers of solar energy on multifamily buildings in the city of San Francisco.

2010

Veritas forms its first strategic joint venture with an institutional capital partners.

2011

Veritas acquires 70 apartment properties in San Francisco through four separate portfolio transactions.

2011

Veritas forms a property management affiliate, GreenTree Property Management, and an apartment leasing affiliate, RentSFNow.

2012

Veritas Investments Fund II is formed with acquisitions expanding into San Francisco, San Mateo and Marin.

2013

Veritas forms a programmatic joint venture with an international investment firm and also completes the largest portfolio financing in the history of San Francisco.

2014

Veritas creates a separate account joint venture with a foreign pension fund, one of the largest investment managers in the world.

2016

Completes the largest portfolio financing in the history of San Francisco to date.



About Veritas

Veritas Investments, Inc. is an experienced real estate investment manager that specializes in operating mixed-use multifamily and retail properties in the San Francisco Bay Area.

The company offers institutional and individual investors a vertically-integrated platform and a clearly defined investment strategy that focuses on acquiring classic, often architecturally distinctive properties in the area's most iconic neighborhoods, and then enhancing their income and value through building and management improvements. The company holds a track record for moving quickly on opportunities, executing efficiently on strategy, and delivering superior financial performance to investors while giving back to the community.

More about Veritas Investments, Inc.