By Bob Walsh
 |
It is also the name of a huge
landlord in San Francisco. They are preparing to sell of 23 buildings
holding a total of 762 RENT CONTROLLED units. Some of these buildings
are 100 years old and are kind of funky-cool. A real estate investment
bank, Eastdil Secured, is planning on facilitating the sale.
This sale would represent about 1/3 of Vertias' holdings. The company began defaulting on loans more than 12 months ago.
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