Login

Developer Converts Oakland Hotel to Art-Centered Affordable Apartments

Riaz Capital Set To Open 130 Units Near Downtown Waterfront in Latest ArtHaus Project
Riaz Capital's conversion of an old hotel to affordable housing will add 130 units to downtown Oakland's housing stock. The development will open to residents in April. (Riaz Capital)
Riaz Capital's conversion of an old hotel to affordable housing will add 130 units to downtown Oakland's housing stock. The development will open to residents in April. (Riaz Capital)
CoStar News
March 25, 2024 | 4:05 P.M.

Riaz Capital is set to open its latest Oakland development, introducing new affordable apartments at a converted hotel as California’s prolonged housing crisis has made market-rate rents difficult to afford for many residents across the Bay Area.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE