Login

San Francisco's Largest Multifamily Landlord Defends Multimillion-Dollar Paycheck Protection Program Loan

Veritas Criticized for Plan to Retain $3.6 Million in Small Business Relief Program Funds
Veritas Investments, San Francisco's largest multifamily landlord, received more than $3.5 million in funds from the federal Paycheck Protection Program. (CoStar)
Veritas Investments, San Francisco's largest multifamily landlord, received more than $3.5 million in funds from the federal Paycheck Protection Program. (CoStar)
CoStar News
May 20, 2020 | 1:53 P.M.

San Francisco's largest multifamily landlord has found itself facing public criticism from one of the nation's top lawmakers after refusing to immediately return a multimillion-dollar loan it received through the federal Paycheck Protection Program aimed at keeping small businesses afloat through the coronavirus pandemic.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE