SF’s Once-Biggest Landlord Veritas Defaulting on Another $652 Million in Loans, 66 Buildings May Be Up for Grabs

The article was originally published on https://sfist.com/2025/09/25/sfs-once-biggest-landlord-veritas-defaulting-on-another-652-million-in-loans-66-buildings-may-be-up-for-grabs/A total of 66 apartment buildings with nearly 1,600 units belonging to the mega-landlord Veritas could be on the selling block come December, as Veritas is defaulting on yet another giant loan to the tune of $652 million. The SF-based mega-landlord Veritas Investments has properties all over the West Coast, and was once San Francisco’s biggest landlord. That distinction of course made them Public Enemy Number One in the landlord realm, particularly when they took a $3.6 million PPP loan in 2020 despite being a $3 billion company, and ran the nightclub Club Deluxe off of Haight Street. But their run of greed met it