Landlord Who Built $3 Billion San Francisco Empire Draws Fire
- Veritas’s Yat-Pang Au has stakes in 265 rent-control buildings
- He’s drawn ire of tenants who claim they’re being pushed out
This article is for subscribers only.
When Yat-Pang Au founded Veritas Investments in San Francisco in 2007, Facebook and Twitter were in their infancies, while Lyft and Uber were still just ideas.
The city was on the cusp of another technology boom, drawing entrepreneurs and money from across the country, and Au rode it to become one of San Francisco’s biggest residential landlords.