August 21, 2015
Sunfield Development, an Oakland-based developer, is looking for foreign investors to fund new housing in Oakland that would comprise 250 residential units and 25,000 square feet of commercial space.
Sunfield is looking to raise $45 million through an EB-5 program to fund the $124-million project. The program looks to attract foreign investors who put in at least $500,000 and create at least 10 local jobs.
The proposed multifamily property is located at 1800 San Pablo Ave., near the Fox Theater and the 19th Street BART station.