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

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skyline of Oakland
Photo by Derick Daily on Unsplash
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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 apartment market. Three Steps Properties, a Bay Area-based real estate firm with a portfolio of multifamily assets across the East Bay, acquired the property at 447 17th Street, at the intersection of […]

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