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Westcore's last investment in the Oakland area occurred two years ago with the purchase of an 87,870-square-foot, multi-tenant industrial property less than 10 miles from this property.
The Altman Companies have announced the opening of Altís Grand at The Preserve., which is a new luxury apartment community coming to northwest Tampa, Fl in early June.
Tech companies like Amazon, Microsoft and Facebook all have locations near the new development, which PointOne Holdings and The NRP Group highlighted in announcing the project.
Amid the COVID-19 pandemic, FourPoint Capital Markets was able to work successfully alongside the developer, Focal Point Development, and lender to push this loan closing across the finish line.
Data and analytics firm GlobalData also has forecast a 6.6% fall in construction output for North America this year, which is equivalent to a drop of $122.4 billion in projects.