Oakland, CA: Baywood Apartments

Services provided

	Development services by Bentall Residential

About the property

Baywood Apartments is located within close proximity to shopping, recreational and medical facilities.

This six storey, 77-unit apartment building was originally constructed in 1981. Bentall Residential performed a complete renovation of the building in 2003/2004. The renovation included unit interiors, common area re-configuration, new administration and social service offices, a new roof, new elevator systems, upgraded life safety systems and new furniture and equipment for resident services.

The California Housing Finance Agency provided both senior tax-exempt and subordinate taxable debt. The development received an allocation of low-income housing tax credits purchased by Related Capital Company.

Project-based rental assistance provided by the U.S. Department of Housing and Urban Development.

Address

Size

Features

The property has been designed to serve the needs of the local senior population. One hundred percent of the units are designated as affordable and serve low to very low income senior households. Expanded resident services are provided by Las Palmas Housing Foundation.

Ownership

Baywood Residential LLC, a Bentall affiliate & Las Palmas Housing Foundation

Baywood Apartments

For more information, please contact:

Jordan Freedman
Director of Acquisitions
(949) 753-0555
jfreedman@bentall.com