I
n a move reflecting the struggling office market, a lender has taken possession of a historic Oakland tower. The Leamington, an 11-story building on Franklin Street in downtown Oakland, is now under new ownership.
Completed over a century ago, this mixed-use property holds significant cultural value as a registered landmark. Its seizure by the lender marks another high-profile example of the challenges facing office buildings in the area.
realestate
Oakland Landmark Seized Amid Office Market Decline
Oakland Landmark Seized by Lender After Century of Ownership
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realestate
Brown & Riding Names New Real Estate Practice Head
Veteran leader with industry expertise and regional insight
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realestate
LA's affluent neighborhoods face gentrification threat from investors
Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.
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realestate
LA's affluent neighborhoods face gentrification threat from investors
Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.