Subscribe
Home Finance Essex Property Trust Takes Control of 378-Unit Portico in Oakland’s Brooklyn Basin After $156.5MM Debt Workout
FinanceINDUSTRY newsResidential

Essex Property Trust Takes Control of 378-Unit Portico in Oakland’s Brooklyn Basin After $156.5MM Debt Workout

October 28, 20263 Mins read13
Share
Brooklyn Basin
Lunghi Studio © 2025
Share

Essex Property Trust disclosed that it now owns a 2024-built, 378-unit apartment community in Oakland after liquidating a $64.2 million subordinated loan and seeing the $92.3 million senior mortgage paid off, a property that research by The Registry identifies as Cityview's Portico on the Brooklyn Basin waterfront.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
San Francisco Downtown Skyline Aerial View at Sunset, California, CA Previous post Kilroy, Norges Bring 785,000 SQFT 303 Second Street to Market in San Francisco

Partner Content

Hacienda sign in Pleasanton

Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End

ByOctober 21, 2026

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content

Hacienda Business Park

Hacienda Maintains Momentum with Steady September Leasing Activity

BySeptember 22, 2026


Recent Posts

jaleel-akbash-MCMoD0EXYR8-unsplash-stadium

Rancho Cordova Council Approves Downtown DOVA Entitlements, Advancing KozPure’s $800MM Arena and Hotel District

ByOctober 28, 2026
Alexandria Real Estate, Stanford Research Park, 2475 Hanover, Jazz Pharmaceuticals, Stanford University, Mercari, HP, ARGO AI,

Alexandria Posts $1.54 FFO and $638.5MM Loss as Bay Area Occupancy Runs 12 Points Above Market

October 28, 2026
ASB Real Estate Investments, Union Square, Westfield San Francisco Centre, SoMa office market, San Francisco, Bay Area,

Bedrock Robotics Lands $600MM at $4.1B Valuation, Takes 35,000 SQFT at 799 Market St.

October 28, 2026
view of San Francisco from air with Bay Bridge

Pimco’s 389,000 SQFT 221 Main Street Goes Pending at Rumored $250MM in San Francisco

October 28, 2026
Fremont, California

Wistron Closes $119.9MM Purchase of 352,000 SQFT Warm Springs Business Park in Fremont From LINK Logistics

October 28, 2026
Related Articles
jaleel-akbash-MCMoD0EXYR8-unsplash-stadium
AECHospitalityINDUSTRY newsResidentialRetail

Rancho Cordova Council Approves Downtown DOVA Entitlements, Advancing KozPure’s $800MM Arena and Hotel District

Rancho Cordova's City Council voted 4-1 to approve four of the five...

ByOctober 28, 2026
Alexandria Real Estate, Stanford Research Park, 2475 Hanover, Jazz Pharmaceuticals, Stanford University, Mercari, HP, ARGO AI,
FinanceINDUSTRY newsLeasingLife Science

Alexandria Posts $1.54 FFO and $638.5MM Loss as Bay Area Occupancy Runs 12 Points Above Market

Alexandria Real Estate Equities held its 2026 earnings outlook steady and signed...

ByOctober 28, 2026
ASB Real Estate Investments, Union Square, Westfield San Francisco Centre, SoMa office market, San Francisco, Bay Area,
AECCommercialINDUSTRY newsLeasing

Bedrock Robotics Lands $600MM at $4.1B Valuation, Takes 35,000 SQFT at 799 Market St.

Bedrock Robotics, the Waymo-alumni startup that retrofits excavators to dig without anyone...

ByOctober 28, 2026
view of San Francisco from air with Bay Bridge
CommercialFinanceINDUSTRY news

Pimco’s 389,000 SQFT 221 Main Street Goes Pending at Rumored $250MM in San Francisco

Less than three months after Pimco Prime Real Estate put the Docusign-anchored...

ByOctober 28, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com