Old Oakland

Oakland Gets Much Needed Moderate-Income Housing

Retrieved on: 
Monday, September 25, 2023

 OAKLAND, Calif., Sept. 25, 2023 /PRNewswire/ -- In positive news for alleviating the housing crisis, Oakland, California is seeing new premium-quality and accessibly-priced rental properties open for moderate-income workers.

Key Points: 
  • Located in the Merritt neighborhood of Oakland, just one block from Laney College, Artthaus Six is an ideal housing solution for Laney's employees and students.
  • Artthaus Magnolia is located in the heart of West Oakland, surrounded by a number of local restaurants and shops.
  • Located in the West Oakland neighborhood of Ralph Bunche, Artthaus Brush offers 90 studio apartments across the freeway from downtown Oakland.
  • The Oakland skyline will forever be changed by Riaz Capital's continuing development efforts as the company does its part to help solve the Bay Area's housing crisis by providing much-needed accessible housing to the community.

Bay Area Bike to Work Day embraces the new hybrid work model

Retrieved on: 
Friday, May 26, 2023

SAN FRANCISCO, May 26, 2023 /PRNewswire/ -- Thursday, May 18's weather was perfect for biking, and thousands came out to participate in the Bay Area Bike to Work Day (BTWD), part of this year's Bay Area's Bike to Wherever Days.

Key Points: 
  • SAN FRANCISCO, May 26, 2023 /PRNewswire/ -- Thursday, May 18's weather was perfect for biking, and thousands came out to participate in the Bay Area Bike to Work Day (BTWD), part of this year's Bay Area's Bike to Wherever Days.
  • For the first time since 2019, all of the nine participating counties across the Bay Area – Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma – had energizer stations, parties, bike caravans and more to celebrate Bay Area Bike to Work Day 2023.
  • Riders who stopped by were heading to work, school, running errands or just out to share the day with other cyclists, and everyone was in a festive mood.
  • In addition to the thousands of riders across the Bay Area, MTC Commissioners, local politicians, and notables also participated in BTWD 2023.

Madison Realty Capital Originates $58 Million Loan for Old Oakland Commercial Properties in Downtown Oakland, California

Retrieved on: 
Wednesday, January 19, 2022

NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $58 million loan to refinance Old Oakland, a collection of ten historic creative office and retail properties in Oakland, California.

Key Points: 
  • NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $58 million loan to refinance Old Oakland, a collection of ten historic creative office and retail properties in Oakland, California.
  • Located in Downtown Oakland, the properties span two full city blocks totaling 238,305 square feet across buildings ranging two to four stories.
  • Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said Downtown Oakland offers a unique combination of historic buildings with build outs designed for creative and entrepreneurial tenants.
  • Madison Realty Capital is pleased to leverage our relationship with the property owner to efficiently deliver financing in an accelerated timeframe for a high-quality portfolio of commercial properties in a high barrier to entry submarket.