That's nothing. A single individual owns Raj Properties and Everest Properties which together own more than 1000 apartments in the much smaller city of Berkeley.
Technically it's different individuals who own each, because the owner of Raj properties had to turn them over to his family when he went to jail for sex trafficking and slavery.
But when he got out only eight years later, his family "loaned" him a bunch of money to start up Everest properties.
But yes, in reality, he is probably still in control of both.
The whole story is just amazing. I find it sad that our system of justice doesn't have a way to force the disgorgement of gains made from, seriously, enslaving teenage migrants. It's like sure we got our seed capital from sex slavery but the rest of these gains are totally above board. Makes no sense.
Part of the fascination for me is that the Reddy headquarters is this absurdly tacky mansion[1] in Kings County, in the middle of nowhere, surrounded (at arm's length) by abject poverty. Supposedly a branch of the family is the most successful vascular surgeon in Hanford (this makes ~zero economic sense) but the giveaway is that according to public records all of the Raj tax bills are mailed here. So it's really the seat of their weird real estate empire.
