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CommercialFinanceINDUSTRY news

Swift Real Estate Defaults on $194MM Loan Tied to 572,000 SQFT 1111 Broadway Tower in Oakland

A notice of default on the 24-story Class A tower lets Brookfield’s lending affiliate choose between a workout and a takeover, in a...

skyline of Oakland
CommercialFinanceINDUSTRY news

Performing Arts Group Nears Purchase of Oakland’s Historic Scottish Rite Center

Built in 1927 and reworked into Greek-influenced Art Deco style after lake-air damage in the 1930s, the century-old venue would keep a rare...

Oakland skyline
CommercialFeaturedINDUSTRY newsLeasing

Oakland Downtown Development Corp. Launches With $2MM, Setting Up Coordination With Benefit Districts

The Oakland Downtown Development Corp. debuted Thursday with $2 million in private backing and an agenda of lighting, safety and street programming that...

Oakland skyline
CommercialFinanceINDUSTRY newsLeasing

Libertas Companies Acquires 253,000 SQFT 1333 Broadway Office Tower for $58.1MM in Oakland

A 10-story Oakland office tower has changed hands for roughly half what its previous owner paid six years ago, the latest sign that...

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AECCommercialINDUSTRY news

Behring Plans 20,000 SQFT AI Data Center at Former Berkeley Lab Site in Oakland

A vacant supercomputer building that a national developer once eyed for a 39-story office tower before abandoning the plan is instead becoming ground...

Rendering of apartment building
AECINDUSTRY newsResidential

Related California Files Plans for 66-Unit Affordable Building at Oakland’s 430 Broadway

Related California and EBALDC file building plans for a 66-unit affordable housing building at 430 Broadway in Oakland's Jack London Square.

alexander-mils-xISlt5k2sfs-unsplash-profit money economy
CommercialFeaturedFinanceINDUSTRY newsResidential

Oakland Puts Foreclosure Transfer Tax on November Ballot, Targeting Up to $13MM a Year From Downtown Distress

Oakland has advanced a November ballot measure that would strip a long-standing exemption from its real estate transfer tax and turn the city's...

Oakland skyline
CommercialFinanceINDUSTRY news

Oakland’s 1 Kaiser Plaza Appraisal Craters 75% to $53.5MM as Kaiser Permanente Retreats

A fresh appraisal has slashed the value of CIM Group's 1 Kaiser Plaza in downtown Oakland to $53.5 million, roughly a quarter of...

oakland and the surrounding neighborhoods
CommercialFeaturedINDUSTRY newsLeasing

Developers and Mayor Lee Move Quietly to Launch a Private Development Corporation for Downtown Oakland

A coalition of Oakland real estate investors, working in close coordination with Mayor Barbara Lee's office, is quietly assembling a private nonprofit to...

Oakland skyline
AECHospitalityINDUSTRY newsResidential

Core Capital and Gaw Capital File Plans to Convert 162-Room Oakland Courtyard by Marriott Into 64-Unit Apartment Building

Joint venture invokes SB 330 to streamline approvals for adaptive reuse of five-story Downtown Oakland hotel acquired for $10.6 million in 2024 A...

oakland and the surrounding neighborhoods
CommercialFinanceINDUSTRY news

B3 Investors Buys Debt on TMG’s 200,000 SQFT Breuner Building Art Deco Landmark in Oakland for $14MM

A historic office tower that once symbolized Oakland's revival becomes another casualty of the Bay Area's commercial real estate collapse The debt on...

Oakland skyline
CommercialINDUSTRY news

Tech Firm Everlaw Bucks Oakland Exodus With 74,000 SQFT Expansion

Legal software startup commits to 74,000 square feet, 30 percent hiring surge in a market where vacancies hover near 30 percent When most...

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