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The initiatives include seeding a real estate investment in Oakland, anchoring a $100 million national loan fund for affordable housing and kicking off a plan to end homelessness for 500+ Oakland residents.
California is implementing several new employment laws tied to the #MeToo movement, and some will be of particular interest to real estate developers and contractors.
A joint venture of Blue Moon Capital Partners and Áegis Living affiliates purchased three class-A seniors housing properties totaling 253 units in suburban Seattle and Northern California free and clear of existing financing.
“Black Creek Group has been active within the region for a number of years and the completion of these transactions demonstrates our ability to perform and create value for investors,” says Dave Fazekas, Black Creek Group's senior managing director for the Eastern Region.