Preferred Equity Investment
102 LIVE-WORK RENTAL UNITS
McKinley’s investment with oWow company showcases 102 live-work units built-to-rent. Live-work units combine personal living space with workspace, something that has been growing in popularity over recent years and has become a norm since COVID-19. The developer is approaching the housing shortage with a solution to provide more adaptable and affordable residential units. This building in Oakland took the old Greyhound bus station and converted it to 800SF units with a full kitchen, living room, and two bathrooms. Using materials like MagicWalls, these Macro Units allow for flexible, individualized floorplans depending on tenants needs and preferences. Offering smaller unit sizes with numerous desirable amenities, 1919 Market is providing much needed residential units to the Oakland community at significantly more affordable price points than most new developments in the Bay Area.