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Edson House

Oakland, CA · Multifamily · Active

Edson House at dusk, a seven-story apartment building with grey and orange panels on a wide Oakland street
Units
91
Gross SF
137,819
Acquired
2022
Overview

Edson House is a 91-unit multifamily community in Oakland's Pill Hill neighborhood.

Challenge
The developer who built Edson House was over-levered and needed to sell. The building sits in Pill Hill, beside the Summit and Kaiser Permanente medical campuses.
Vision
We bought the stabilized, seven-story building from the developer, a short walk from both campuses.
Results
91 units acquired in 2022 with STARS REI and financed by JPMorgan Chase.

Capital & Project Team

Equity
STARS REI
Debt
JPMorgan Chase

In the press

Local Developer and Chilean Investor Buy Oakland Apartments for $47M

The Martin Group Announces Acquisition of Anton Edge & Alice House Apartments

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