As the CEO and founder of Veritas Investments, Yat-Pang Au has secured millions of dollars in equity capital from individual and institutional investors for real estate investments. Yat-Pang Au focuses these investments on prime multifamily properties in the San Francisco Bay Area.
Typically owned by an individual or a business entity, multifamily properties are designed to house multiple families within distinct units. Multifamily properties comprise several basic types of structures, including:
– Apartment buildings, which usually incorporate a large number of individual units across multiple floors.
– Condominiums. These structures are similar to apartment buildings, except that residents share ownership of the property through an association.
– Townhouses. These properties are connected to one another, but take the appearance of detached units. Often, townhouses sit side by side, and each unit features more than one floor.
– Duplexes, which are buildings divided into two units with their own entrances. Similarly, buildings can be divided into triplexes or quadplexes.
– Mixed-use buildings. These properties are hybrid buildings that combine residential areas with commercial space.
Real estate professional Yat-Pang Au possesses nearly two decades of property investing experience in the San Francisco Bay Area. Also a graduate of Harvard University, Yat-Pang Au serves as the CEO and founder of Veritas Investments.
Recently, Mr. Au attended the Builders and Innovators Summit, where he was named the Multi-Family Executive of the Year and listed among the 100 Most Intriguing Entrepreneurs of 2017. Both the event and awards are administered by Goldman Sachs, an international investment banking, securities, and investment company founded in 1869.
Goldman Sachs dedicates time and resources to support the success of entrepreneurs, who are important to economic growth and job creation. For six straight years, the firm has hosted the Builders and Innovators Summit in support of this goal. The event honors successful entrepreneurs from a wide range of industries. Moreover, it provides a platform to share the knowledge behind building great companies through innovation.
Yat-Pang Au is a successful real estate professional who has been named to Goldman Sachs’ 100 Most Intriguing Entrepreneurs of 2017. Currently, Yat-Pang Au serves as the CEO and founder of Veritas Investments, where he has secured hundreds of millions of dollars in investments for ongoing real estate projects.
Founded in 2007, Veritas Investments owns and operates mixed-use properties throughout the San Francisco Bay Area on behalf of individual and institutional investors. The firm manages close to 200 apartment buildings in San Francisco and nearly $2 billion in total real estate assets.
The success of Veritas is due in part to a talented team of in-house professionals as well as a sound investment strategy. As part of this strategy, the firm targets properties with structural inefficiencies and strategic fragmentation that are often overlooked by other investors. By combining these properties with a vertically integrated operating platform and investing discipline, Veritas seeks to provide exceptional investor returns and minimized risk. Moreover, the firm incorporates sustainable business practices into its operations, and seeks to revitalize neighborhoods while respecting local history.
Award-winning executive, Yat-Pang Au is the founder and CEO of Veritas Investments, the largest owner of apartments and ground floor retail in San Francisco, California. Yat-Pang Au is a member of the San Francisco Bay Area Planning and Urban Research Association (SPUR), and served as chairman of the 2016 Silver SPUR Awards Luncheon. The nonprofit SPUR promotes good governance and planning in the San Francisco Bay Area.
During the 2017 Silver SPUR Awards luncheon, SPUR President Gabriel Metcalf gave a speech on how the Bay Area could lead the nation in facing its future real estate challenges in the wake of perhaps the biggest economic boom the area has experienced in the last century. Among the components of the model for improved living conditions is having high-speed transit as the backbone to link the region, with biking, traveling by foot, and ride sharing to take commuters the rest of the way.
To this end, Veritas Investments uses multiple technology-based solutions. It is the largest host in San Francisco of the on-demand car-sharing network, Zipcar, as well as for Scoots Networks’ scooter rentals, which enables electric scooters to be picked up and dropped off throughout the city. Beyond transportation, Veritas uses technology to provide other services for its residents, including on-demand, shared, and affordable services for dog walking, dry cleaning, and housekeeping, to name a few.