Downtown Oakland tower project site tumbles into real estate loan default

Downtown Oakland tower project site tumbles into real estate loan default

a month ago
Anonymous $genLyrxdTY

https://www.siliconvalley.com/2024/08/26/oakland-home-house-housing-property-build-real-estate-economy-loan/

OAKLAND — The site for a residential tower that could have become an eye-catching addition to the skyline of downtown Oakland has toppled into a loan default, raising questions about the project’s future.

The current proposal for the property envisions a 39-story housing highrise at 2044 Franklin Street in Oakland, a short distance from the 19th and Broadway BART station and the shores of Lake Merritt.

Downtown Oakland tower project site tumbles into real estate loan default

Mon Aug 26, 8:26pm UTC
https://www.siliconvalley.com/2024/08/26/oakland-home-house-housing-property-build-real-estate-economy-loan/ > OAKLAND — The site for a residential tower that could have become an eye-catching addition to the skyline of downtown Oakland has toppled into a loan default, raising questions about the project’s future. > The current proposal for the property envisions a 39-story housing highrise at 2044 Franklin Street in Oakland, a short distance from the 19th and Broadway BART station and the shores of Lake Merritt.