SAN FRANCISCO—Ivanhoé Cambridge and its partner Veritas Investments, Inc. have acquired 11 San Francisco multifamily properties for $190 million.

The deal bring to 20 the number of properties owned jointly by Ivanhoé Cambridge and Veritas, representing a total of 580 housing units to date.

The acquired properties are located in some of the most favorable neighborhoods in the center of San Francisco, ranging from the traditional exclusive districts of Lower and Upper Nob Hill and Russian Hill to the trend-setting lifestyle neighborhoods of NOPA, Noe Valley and The Mission.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.