Newmark secures $130 million in construction loan for Oakland’s development

Newmark, as exclusive advisor to Signature Development Group, has secured $130 million in construction financing for the development of Brooklyn Basin – Parcel G in Oakland.

The project is fully entitled for 371 multifamily apartment homes and 31,000 sq. ft. of retail on an approximately 2.67-acre parcel in the 63-acre Brooklyn Basin master plan development.


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