Creative Media & Community Trust Corporation /
Eleven Fifty Clay
Creative Media & Community Trust Corporation buys Eleven Fifty Clay
- Price
- $142.7m
- Stage
- Closed
- Seller
- 1100 Clay Venture Holdings, LLC
What happened
Creative Media & Community Trust Corporation completed the acquisition of a 98.05% interest in Eleven Fifty Clay, a 16-story apartment building with 288 units in downtown Oakland, California.
The purchase price was $142.7 million, including an assumption of a mortgage of approximately $78.3 million. The seller was 1100 Clay Venture Holdings, LLC.
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Creative Media & Community Trust Corporation buys Eleven Fifty Clay
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