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FinanceINDUSTRY newsResidential

Signature Development’s 105-Unit Mason at Hive Apartment Complex Defaults on $39.7MM Loan Amid Oakland Housing Crisis

Oakland’s apartment market is buckling under the weight of oversupply and pandemic aftershocks, with some of the city’s most celebrated development projects now...

oakland
FinanceINDUSTRY newsResidential

Three Steps Properties Buys 206-Unit Multifamily Tower in Oakland for $78MM

By The Registry Staff An Oakland high-rise that last year was seized by its lender due to an unpaid real estate loan now...

Oakland, The Martin Group, Quarterra Multifamily, Lennar Group, KKR, Three Steps Properties, Bay Area, East Bay
FinanceINDUSTRY newsResidential

Quarterra Sells 224-Unit Multifamily Community in Oakland for $61MM

By The Registry Staff As a residential property trades for far below what it was valued at, Oakland’s multifamily market continues to face...

derick-daily-JCBqTGJ-bcA-unsplash-Oakland
FinanceINDUSTRY newsResidential

Three Steps Properties Acquires 254-Unit Oakland Tower from Lennar for $99MM

A recent $99 million purchase ($389,763 per unit) of a 34-story housing tower in downtown Oakland highlights the challenges facing the East Bay’s...

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