AFL-CIO Trust Puts $88MM of Equity into Oakland Apartment Development

By Jon Peterson Washington, D.C.-based AFL-CIO Building Investment Trust has made an $88 million equity investment into the development of the 395-unit MacArthur Commons apartment development in Oakland, according to sources the trust's Web site. This development is being done with the Trust and Houston-based Hines. The project has a very strong transit oriented location. […]