Supportive housing project in Oakland pushes ahead with property deal

Supportive housing project in Oakland pushes ahead with property deal

OAKLAND — Plans to develop a big new supportive housing site in Oakland have taken a step forward with a deal to buy a hotel that would be revamped to accommodate the residences. MPI Homes, a real estate developer that acted through an affiliate, has paid $33 million to buy an Extended Stay America hotel in Oakland, documents filed on April 9 with the Alameda County Recorder’s Office show. The just-bought hotel is located at 3650 Mandela Parkway…

Extended Stay America Hotel Acquired by City of Oakland for use as Homeless Shelter • The E'ville Eye News

The Extended Stay America Hotel adjacent to the Oakland Best Buy has been acquired by the City of Oakland to convert to a homeless shelter. 105 of the 149 rooms at the hotel will be used to provide shelter and services for as many as 150 unsheltered individuals and couples within Oakland (The balance of these units are already being occupied through other programs). The property will initially serve as interim housing and then be converted into …