Media
January 2021

EBALDC Names CEO

From Housing Finance
Andre “Andy” H. Madeira has been appointed CEO of the East Bay Asian Local Development Corp. (EBALDC), a nonprofit community development organization headquartered in Oakland, California. He assumes the post March 1. Alain McLaughlin PhotographyAndre “Andy” Madeira Madeira joins EBALDC with 30 years of experience in affordable housing and community development, most recently working at Eden Housing, where he served as senior vice president of real estate development. During his term, Eden Housing expanded its construction pre-development pipeline, recapitalized and renovated its existing portfolio, grew the organization’s financial reserves, and extended its... View article
Commercial Real Estate
August 2019

Grants Support Housing, Homeless Programs

From Look InsideKP
Kaiser Permanente announces 2 new grants in line with its mission to create healthy communities through housing support. Pictured, Melissa Keller, center, and her 2 children, Makayla Griego, left, and Kayden Keller, right, play on the swing set at the Catholic Charities of Santa Rosa homeless shelter. As part of its commitment to support affordable housing and homeless transition programs in Northern California, Kaiser Permanente announced 2 new grants of $1 million each to organizations in Oakland and Santa Rosa. In the last year, Kaiser Permanente has committed over $30 million... View article
Commercial Real Estate
August 2019

Oakland on course to create more new housing units than SF in 2019

From San Francisco Chronicle
Builders in Oakland are on course to create more new housing units than San Francisco this year, a notable role reversal for a city that has long produced far less residential development than its wealthier and more bustling neighbor across the bay. The deluge of apartments is leading — at least temporarily — to a renters’ market in Oakland. From the Broadway Valdez neighborhood to Lake Merritt, developers are jockeying to attract well-paid Millennials not only with amenities such as yoga studios, dog-washing facilities and swimming pools, but also with concessions... View article
Commercial Real Estate
July 2019

At home at BART

From San Francisco Chronicle
The average BART rider may not know the term “transit-oriented development,” but when trains enter Oakland’s MacArthur Station, they see it face-to-face. A seven-story building with lime-green accents covers land that five years ago held parking lots. It’s part of a 385-unit apartment complex being marketed as “sleek and modern with a retro vibe … perfect for your life on the go.” A few yards away, workers have nearly completed the concrete frame for a 24-story apartment tower that will open next spring. MacArthur’s transformation isn’t an isolated event. Construction is... View article
Media
June 2019

Innovative Programs by Geisinger Health and Kaiser Permanente Are Moving Providers in Unexplored Directions in Support of Proactive Clinical Care

From Dark Daily
These initiatives are a call-to-action for clinical laboratories to contribute their expertise in support of wellness programs Two of the largest healthcare systems in America are moving in non-traditional directions to proactively address certain healthcare populations. Most recently, Kaiser Permanente announced it will be investing millions of dollars to tackle homelessness and the disease outbreaks associated with it. The health system is even investing in a housing complex in Oakland, Calif., which it hopes will help patients in that area who face housing insecurity. Kaiser’s new direction mirrors a similar project by Geisinger Health designed... View article
Commercial Real Estate
June 2019

Crave BBQ chef opens Grammie’s Down-Home Chicken & Seafood in Oakland

From Berkeleyside
Last year, the local food media was buzzing when news emerged that Rashad Armstead, the chef behind Oakland pop-up Crave BBQ, was opening a brick-and-mortar restaurant at the historic California Hotel in West Oakland. It was to be a permanent place for Armstead to serve his smoked meats and Southern-style sides that first got attention from his pop-ups at the Ashby flea market in Berkeley and at a gas station parking lot in West Oakland. But Armstead was also excited to partner with the hotel’s owner, non-profit East Bay Asian Local Development Corporation... View article
Media
May 2019

People on the Move 5.15.19

From Housing Finance
Jim Mather has been named chief investment officer at BRIDGE Housing, effective June 3. He will be responsible for developing and pursuing the overall capital strategy for the company, including several enterprise-level capital-raising initiatives as well as securing project-level debt and equity for BRIDGE developments. The industry veteran joins BRIDGE from Housing Trust Silicon Valley, where he has served as chief lending officer since 2013. Previously, he was the interim director of finance for East Bay Asian Local Development Corp. and has held various senior roles in community development banking at Union... View article
Commercial Real Estate
May 2019

Bites: Grégoire reopens after fire, Minnie Bell’s Soul Movement stays in Emeryville

From Berkeleyside
CRAVE BBQ UPDATE This week, Oakland pop-up Crave BBQ announced it will no longer be moving into the California Hotel in West Oakland. Last November, Nosh reported that Crave chef Rashad Armstead would partner with East Bay Asian Local Development Corporation (EBALDC), the non-profit working to turn the historic building into a visual and performing arts hub. Crave BBQ had intentions to open a brick-and-mortar, start a food incubator program to train young up-and-coming restaurant entrepreneurs, and open a blues café at the hotel. In Tuesday’s Crave BBQ newsletter, Armstead said the plans would... View article