Home AEC $6MM Loan Connected to Proposed 425-Unit Mixed-Use Project in Downtown Oakland Falls into Default
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$6MM Loan Connected to Proposed 425-Unit Mixed-Use Project in Downtown Oakland Falls into Default

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Oakland, R2 Development, Lone Oak Fund, Bank of America, BART, Fox Theater, Paramount Theatre Oakland, Snow Park, ACARA, RAD Urban, Bay Area
Photo by Tolu Olubode on Unsplash
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By The Registry Staff A planned 39-story residential tower in downtown Oakland, once envisioned as an addition to the city's skyline, is now in jeopardy due to a loan default. According to a report from The Mercury News, the project, proposed by R2 Development, faces an uncertain future as the developer is in default on […]

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