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Veritas / Yat-Pang Au / GreenTree
 
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In 2011, the vast Lembi empire was in default.   LNR, a subsidiary of the Lennar Company, acquired and resold the Lembi properties to investment groups such as Prado Group, Area Property Partners, Woodmont Company, and CIM Group. 

Many of the former Lembi properties are now controlled by Veritas LLC, a company founded by investor Yat-Pang Au, considered one of the largest owners and operators of apartments in San Francisco.

Veritas controls over 100 LLCs and multi-unit properties in San Francisco.

Hundreds of units have been evicted and harassed through Veritas over the last several years.

Through the RentSFNow website, Veritas markets furnished apartments to transitory renters, thus evading the rent stabilization associated with long-term community members. 

Goldman Sachs provided Veritas with Wall Street funding

JP Morgan Chase sells a Veritas Portfolio security

Chinese Investors Buying Up San Francisco Real Estate

 Housing Stock transformed into temporary rental

Professional AffiliationsAdvisory Board Member, Fisher Center for Real Estate and Urban Economics, University of California, BerkeleyBoard Member, Self Help for the ElderlyDirector, Hong Kong Association of Northern CaliforniaBay Area CouncilCoalition for Better HousingNational Multifamily Housing CouncilPension Real Estate AssociationSan Francisco Apartment AssociationUrban Land InstituteYoung Presidents’ OrganizationBoard Member for Coalition for Better HousingBoard Member ChinaSFBoard Member SPUR

Professional Affiliations

Advisory Board Member, Fisher Center for Real Estate and Urban Economics, University of California, Berkeley

Board Member, Self Help for the Elderly

Director, Hong Kong Association of Northern California

Bay Area Council

Coalition for Better Housing

National Multifamily Housing Council

Pension Real Estate Association

San Francisco Apartment Association

Urban Land Institute

Young Presidents’ Organization

Board Member for Coalition for Better Housing

Board Member ChinaSF

Board Member SPUR

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 Companies associated with Veritas

  • Veritas Multifamily Portfolio

  • Vc Fund C-1, LLC

  • Veritas Fund B-2, LLC

  • Veritas Group, Inc.

  • Veritas Investments Inc

  • Veritas Property S1, LLC

  • Veritas Spark, Inc.

  • Veritas Trophy III, LLC

  • Veritas Trophy IV, LLC

  • Veritas-B Mezz B7 LLC

  • Veritas-B B10 LLC

  • Vic Fund I-1D, LLC

  • Vic Fund I-1E, LLC

  • Veritas-B Senior Mezz LLC

  • 106 Sanchez LLC

  • 1500-1514 Geneva Avenue LLC

  • 1855 10TH Avenue LLC

  • 2500 Van Ness Avenue LLC

  • 3264-3274 Mission Street LLC

  • 500-506 Bartlett Street LLC

  • 676 Geary Street LLC

  • Fel Properties B14 DE LLC

  • 340 Church Street LLC

  • ACORN VENTURES LLC

  • CASA TERRANOVA LLC

  • GREEN STREET LOTS LLC

  • NOB HILL VILLAS LLC

  • SIK-KEE & MANDY CHIU NAM AU

  • YAT-PANG & HELINA AU TRUST

  • 100 BRODERICK LLC

  • 1016 WASHINGTON STREET LLC

  • 1020 POST STREET LLC

  • 1035 SUTTER C1 LLC

  • 108 Albion C1, LLC

  • 1126 BUSH STREET LLC

  • 1127-1133 Kearny, LLC

  • 1142 Montgomery Street, LLC

  • 1163 PINE STREET LLC

  • 1230 JACKSON LLC

  • 124 MASON ST PRPTY LLC

  • 1240 BUSH C1 LLC

  • 1260 BROADWAY ST LLC

  • 1300-1322 HAIGHT C1 LLC

  • 1320 WASHINGTON STREET LLC

  • 1405 FRANKLIN C1 LLC

  • 1440 SUTTER STREET LLC

  • 1501-1509 HAIGHT C1 LLC

  • 1520 GOUGH ST LLC

  • 1547 CLAY STREET LLC

  • 1656 LEAVENWORTH STREET LLC

  • 1660 BAY ST LLC

  • 1690 NORTH POINT LLC

  • 1750 GOLDEN GATE CL LLC

  • 1753 MASON STREET LLC

  • 1760 GOLDEN GATE C1 LLC

  • 1801 GOUGH STREET LLC

  • 1840 CLAY ST LLC

  • 2038 DIVISADERO ST LLC

  • 2238 HYDE STREET LLC

  • 2363 VAN NESS AVE LLC

  • 238 LEAVENWORTH C1 LP

  • 2600 VAN NESS AVE LLC

  • 270 TURK LLC

  • 277 Columbus C1, LLC

  • 2975 VAN NESS AVE LLC

  • 300 BUCHANAN CI LLC

  • 3035 BAKER I1 LLC

  • 3210 GOUGH STREET LLC

  • 324 LARKIN C1 LP

  • 325 9TH AVE LLC

  • 345 FULTON C1 LLC

  • 346 LEAVENWORTH ST LLC

  • 355 FULTON STREET LLC

  • 3659 20th Street, LLC

  • 3715 CALIFORNIA ST LLC

  • 381 TURK C1 LP

  • 3LMC, LLC

  • 400 DUBOCE LLC

  • 411 15TH AVE LLC

  • 449 OFARRELL STREET LLC

  • 4540 CALIFORNIA STREET LLC

  • 455 HYDE C1 LLC

  • 470 Valencia Flats, LLC

  • 50 JOICE STREET LLC

  • 52 Day Street, LLC

  • 520 BUCHANAN STREET LLC

  • 540 LEAVENWORTH LLC

  • 555 EDDY CL LLC

  • 600-610 LEAVENWORTH C1 LLC

  • 601 OFARRELL LLC

  • 621 STOCKTON LLC

  • 655 STOCKTON ST LLC

  • 669 ELLIS C1 LP

  • 691 OFARRELL ST LLC

  • 698 BUSH CI LP

  • 709 GEARY STREET LLC

  • 755 OFARRELL ST LLC

  • 816 GEARY C1 LP

  • 828 JONES C1 LLC

  • 840 CALIFORNIA ST LLC

  • 845 CALIFORNIA STREET LLC

  • 915 PIERCE LLC

  • 920 LEAVENWORTH C1 LP

  • 925 GEARY LLC

  • 925 PIERCE II LLC

  • 950 B14 DE LLC

  • 969 BUSH C1 LLC

  • 990 GEARY C1 LLC

  • Acorn Ventures Limited Liability Company

  • Dolores Park Terraces TIC1, LLC

  • Dolores Park Terraces, LLC

  • Eureka Park, LLC

  • Greentree Property Management, Inc.

  • Lombard Terrace, LLC

  • Lsl Properties B14 De, LLC

  • Montgomery Street Partners, LLC

  • Nob Hill Villas, LLC

  • Parnassus Place LLC

  • PH Ventures Managers, LLC

  • Rentsfnow, Inc.

  • Rushmore Properties, LLC

  • Russian Hill Associates, LLC

  • VC1 Co-Invest, LLC

  • SF 1050 POST STREET LLC

  • SF 1301 LEAVENWORTH STREET

  • SF 267 GREEN STREET LLC

  • SF 2898 JACKSON STREET LLC

  • SF 3820 SCOTT STREET LLC

  • SF 434 LEAVENWORTH LLC

  • SF 600 OAK STREET LLC

  • SF 685 GEARY STREET LLC

  • SF 701 TAYLOR STREET LLC

  • SF 814 CALIFORNIA STREET LL

  • SF 861 POST STREET LLC

  • SF 947 BUSH STREET LLC

  • Sf Gogreen With Solar Power LLC

  • Valencia Flats, LLC

  • Valencia Mission Flats, LLC

 

 

 

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