Conversion planned for East Bay apartment complex that just sold for $304M

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Conversion planned for East Bay apartment complex that just sold for $304M Danville-based Opportunity Housing Group has plans to convert nearly 500 homes in the East Bay into workforce housing. The real estate investor, in partnership with the California Statewide Communities Development Authority (CSCDA), acquired the 484-unit Wood Creek Apartments in Pleasant Hill for $304 million just […]

Opportunity Housing Group Buys Pleasant Hill Apartment Complex for $304MM, Bringing 2021 California Investment Volume to $900MM

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Opportunity Housing Group Buys Pleasant Hill Apartment Complex for $304MM, Bringing 2021 California Investment Volume to $900MM Danville, CA and Pleasant Hill, CA — Opportunity Housing Group (OHG), a Danville CA-based company creating workforce housing for Californians, today announced the Dec. 28, 2021 acquisition closing for the 484-unit Wood Creek Apartments at 637 Stonebridge Way […]

Demand for ‘middle income’ housing drives San Francisco North Bay apartment deals

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Demand for ‘middle income’ housing drives San Francisco North Bay apartment deals Deals for larger multifamily properties in the North Bay have been hot for similar reasons why deal-making has been sizzling for single-family homes in the region. And helping to fuel these apartment-complex purchases are public-private partnerships that link investments floated by cities and […]