Brookfield Properties has taken the crown of San Francisco's largest multifamily landlord from Veritas.
At a public foreclosure auction held across the street from City Hall on Thursday, Brookfield was the winning, and only, bidder for two Veritas apartment portfolios.
Brookfield bid $386.25M for 62 San Francisco apartment buildings encompassing 1,743 units and $77.25M for a second portfolio encompassing 422 units in 14 buildings.
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