Larkspur
REAL ESTATE
Affordable housing complex opens in Oakland, thanks to community efforts
City officials and community leaders held a grand-opening ceremony Thursday at Acts Cherry Hill, a 55-unit, affordable, mixed-use development on International Boulevard in east Oakland. Many living in the apartment complex moved in last August, applying through a housing lottery. They were chosen out of about 5,000 applicants, according to the apartment's residents and staff. Many credit the opening of the Cherry Hill Apartments to Bishop Bob Jackson, the senior pastor at Acts Full Gospel Church of God in Christ. However, Bishop Jackson credited the late Charles Hill. "I'm getting a lot of kudos, wham whams, and fuzzies, and I...
Opinion: A reckoning comes for office landlords in scary market
Office building owners face their scariest market in decades. Hybrid work and inflation have upended years of expansion. Flexible work has enabled most companies to downsize or eliminate many offices, while the Fed’s extraordinary interest rate increases have triggered a surge in loan distress. Almost half of U.S. office investments are “underwater.” They are saddled with debt that exceeds their market value. Many investors now teeter on the brink of foreclosure. Most have only two options: Fight their way back to solvency or relinquish their property to their lender.
Downtown Oakland tower is seized by lender as Bay Area office woes widen
OAKLAND — A downtown Oakland office tower has been seized through a foreclosure that points to a huge plunge in real estate values and a feeble Bay Area commercial property market. 1700 Broadway, a 10-story highrise in downtown Oakland’s bustling Uptown district, is now owned by its lender following...
It's Time: Imagine Dragons' Ben McKee Lists His Harmonious Retreat in Oakland, CA, for $1.3M
Ben McKee, songwriter, producer, and bassist for the band Imagine Dragons, has put his impressive Bay Area home in Oakland, CA, on the market for $1,295,000. The three-bedroom, three-bath dwelling sports 2,696 square feet on a quarter-acre lot. Per McKee, leaving this contemporary gem behind won't be easy as many...
10 U.S. metro areas where rent increased the most over the last 5 years—and one that actually got cheaper
To afford living in a big city like San Francisco, California, you'd have to make double what most Americans earn, according to a May Moody's Analytics analysis. Despite that, the San Francisco area is the only major metro where rent for one-bedroom apartments has actually decreased since 2019, according to data from Apartment List.
The iconic San Francisco home from 'Full House' is on the market for $6.5 million—take a look inside
If you were big fan of "Full House" and have $6.5 million to spare, this new San Francisco listing might just be the one for you. Located in the city's Lower Pacific Heights neighborhood, 1709 Broderick Street was once the front door façade for the Tanner family's home on "Full House," which aired from 1987 to 1995. It appeared again as the Tanner residence during the Netflix spinoff Fuller House from 2016 to 2020.
179 Oak Road, Piedmont
$1,798,000 | 3 Beds | 3 Baths | 2,320 SqFt | Now Showing | Lisa Chan Carnazzo, GrubbCo. This charming 3-bedroom, 3-bathroom traditional Piedmont home is nestled in a welcoming neighborhood where community spirit thrives. Imagine block parties, kids playing in the street, and neighbors staying connected through a group chat, always looking out for each other. Inside you’ll find a bright and inviting home. The spacious kitchen, complete with a stunning island, opens onto a deck that overlooks the expansive backyard – an ideal setting for gatherings and outdoor fun. The kitchen seamlessly connects to a cozy family room.
Marin, Sonoma commercial real estate transactions: June 14 report
Check out which companies are leasing and buying office, retail and industrial properties in Marin and Sonoma counties via the following deals. Listing format: square footage at address; property type; lessee; procuring agents; lessor; listing agents; transaction date (occupancy date) 5,366sf at 1281 Andersen Drive, #D, San Rafael; industrial; McCann...
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