Uncategorized
June 2019

Commercial Real Estate: Available and Upcoming Spaces as of June 2019

EBALDC is a licensed real estate broker in the State of California and thus responsible for complying with all Regulations from the California State Department of Real Estate governing marketing and leasing of real property. The CRE Department is responsible for leasing and management of commercial spaces owned and/or operated by EBALDC and/or its affiliates and partners (the “Owner”).  Several challenges and complexities are involved in managing commercial properties, including meeting financial goals, budgeting, complying with funding requirements, decreasing tenant turnover and vacancy rates, and maintaining the physical building structure. Although... Read more
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
News
May 2019

Statement on HUD/Public Housing Restrictions

As an organization dedicated to serving all people of the East Bay, regardless of their immigration status, EBALDC fiercely opposes a proposed rule by the Department of Housing and Urban Development that would use immigration status to deny access to public housing assistance. The proposed rule would require expanded use of the Systematic Alien Verification for Entitlements (SAVE) program, which is used to verify individuals’ immigration and citizenship status. In doing so, the Trump administration is sowing fear among all of our immigrant communities. If implemented, this rule could lead to... Read more
Media
May 2019

Legislation to Establish Major New Incentive for Affordable Housing in Opportunity Zones Clears Key Committee

From Davis Vanguard
Unanimous Bipartisan Support For Legislation that would address concerns from the 2017 federal tax overhaul and build on Governor Newsom’s call for California to direct investments in low income census tracts (From Press Release) – Yesterday, the Assembly Revenue and Taxation Committee voted unanimously to advance legislation by Assemblymember Jesse Gabriel (D – San Fernando Valley) that would provide a major new incentive for the production and preservation of affordable housing in low income census tracts known as “Opportunity Zones.”  The legislation—Assembly Bill (AB) 791—would provide $200 million in new tax... View article
Commercial Real Estate
May 2019

Commercial Real Estate: Available and Upcoming Spaces as of May 2019

EBALDC is a licensed real estate broker in the State of California and thus responsible for complying with all Regulations from the California State Department of Real Estate governing marketing and leasing of real property. The CRE Department is responsible for leasing and management of commercial spaces owned and/or operated by EBALDC and/or its affiliates and partners (the “Owner”).  Several challenges and complexities are involved in managing commercial properties, including meeting financial goals, budgeting, complying with funding requirements, decreasing tenant turnover and vacancy rates, and maintaining the physical building structure. Although... Read more
Media
April 2019

Why housing is now a health issue for Kaiser Permanente

From San Francisco Business Times
Over the eight years that Brian Hopkins has lived in his East Oakland apartment, he’s seen many of his neighbors wind up on the streets. “You know tent city? That was a lot of the people who lived on this block,” said 35-year-old Hopkins, who currently works staffing events at venues like Levi’s Stadium and the Coliseum. “I know them personally, friends’ moms, aunties.” Kaiser Permanente noticed the bulging homeless population in its hometown, too. It also knows the toll it takes on people’s health, with a recent study in a major medical journal finding... View article
Commercial Real Estate
April 2019

Commercial Real Estate: Available and Upcoming Spaces as of April 2019

EBALDC is a licensed real estate broker in the State of California and thus responsible for complying with all Regulations from the California State Department of Real Estate governing marketing and leasing of real property. The CRE Department is responsible for leasing and management of commercial spaces owned and/or operated by EBALDC and/or its affiliates and partners (the “Owner”).  Several challenges and complexities are involved in managing commercial properties, including meeting financial goals, budgeting, complying with funding requirements, decreasing tenant turnover and vacancy rates, and maintaining the physical building structure. Although... Read more
Media
March 2019

Bringing education closer to home helps vulnerable kids

From EdSource
Governor Newsom has set a bold vision for California, which includes alleviating child poverty, preventing homelessness and strengthening affordable housing. Taking on these issues may seem overwhelming, but there is good news: an existing model in our backyard can help make progress on all three of these challenges. Jennifer Peck It all started with a simple idea. We know that afterschool programs make a difference: kids have better school attendance, stronger social-emotional skills and graduate at higher rates. At the same time, kids who live in affordable or public housing developments are often the most vulnerable... View article
Media
March 2019

In Oakland and elsewhere, health care is investing in affordable housing

From Marketplace
When an apartment building sells in gentrifying parts of Oakland, California, tenants often brace themselves for the worst. Rent hikes, disruptive renovations and evictions can follow. But when one building recently changed hands, city officials and housing activists celebrated. Kensington Gardens, a 41-unit building in the working-class, immigrant neighborhood of San Antonio, was sold last November. “I was feeling somebody was going to get it and they were going to raise the rent,” said Ameria Lipscomb, who lives in a first-floor studio in Kensington. Tenants there generally pay below-market rents. When the building... View article