Royal Bank of Canada
Revere Housing to Take Control of 1,566-Unit Veritas Portfolio After $570MM Loan Sale
By The Registry Staff After Veritas Investments, once San Francisco’s largest landlord, defaulted on $652 million in debt on 66 buildings housing 1,566...
Office Workers Are Coming Back—And This Time, They’re Staying
After a summer slump, September’s foot traffic data signals a turning point in America’s return-to-office saga The great return-to-office debate appeared to have...
Veritas Investments Faces Default on $652MM and Potential Foreclosure on 1,566-Unit Portfolio in San Francisco
By The Registry Staff Veritas Investments, once San Francisco’s largest landlord, is again contending with financial difficulties. The firm has defaulted on $652...
Royal Bank of Canada Files Lawsuits Seeking Receivership for 58 Apartment Buildings in San Francisco
By The Registry Staff Entities affiliated with the Royal Bank of Canada have filed lawsuits seeking to put 58 San Francisco apartment buildings,...
CIBC to Reduce U.S. Commercial Office Real Estate Exposure Amid Bad Loan Provisions
By The Registry Staff The Canadian Imperial Bank of Commerce (CIBC) (CM.TO) has announced a strategic pivot as it addresses challenges stemming from...
