Riaz Capital

Happy New Year from Riaz Capital & ArtHaus!

Wishing you a Merry Christmas from the team at Riaz Capital & ArtHaus!

𝐃𝐰𝐢𝐠𝐡𝐭 𝐖𝐚𝐲 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐆𝐨𝐢𝐧𝐠 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 We're thrilled to share our progress at our 2127 Dwight Way project in Berkeley. Here’s the latest: • 𝐃𝐞𝐦𝐨𝐥𝐢𝐭𝐢𝐨𝐧: Complete. We've cleared the old structures, prepared the site for development, all while adhering to strict environmental and safety standards. • 𝐔𝐭𝐢𝐥𝐢𝐭𝐲 𝐖𝐨𝐫𝐤: All underslab utility installations—water, sewer, and electrical—are finished, laying the groundwork for a building that exemplifies modern standards and efficiency. • 𝐒𝐥𝐚𝐛 𝐏𝐨𝐮𝐫: The foundation mat slab pour is complete, setting a robust base for the multi-story wood frame structure and ensuring its stability and structural integrity. • 𝐅𝐫𝐚𝐦𝐢𝐧𝐠 𝐚𝐧𝐝 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧:  Podium shoring and concrete pour preparation is ongoing with continued layout of the framing and MEP systems. The project team is preparing for the podium pour early next year with framing to follow. 𝐀𝐜𝐤𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞𝐦𝐞𝐧𝐭𝐬: A big thank you to the Riaz Capital and LDP Architecture, Inc. teams for adeptly managing these complex phases. Our gratitude extends to local authorities and project partners whose collaboration is crucial to this development. 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭: Located in downtown Berkeley and four blocks from Campus, the Dwight Way project will introduce a 6-story building offering 306 beds across 66 student housing units. This development is a benchmark in sustainable building and addresses the urgent housing needs of students in the area. We are committed to keeping you informed and excited about the ongoing transformation of this site into a vital residential hub for Berkeley. #ConstructionUpdate #DwightWay #BuildingTheFuture #Berkeley

𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐁𝐮𝐜𝐤𝐬 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐄𝐚𝐬𝐭 𝐁𝐚𝐲 In 2024, commercial real estate prices are falling across most sectors—but 𝐦𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐢𝐬 𝐭𝐡𝐞 𝐞𝐱𝐜𝐞𝐩𝐭𝐢𝐨𝐧. Here’s what the data shows: • 𝐎𝐟𝐟𝐢𝐜𝐞 𝐩𝐫𝐢𝐜𝐞𝐬  fell below $200 per square foot, a level last seen in 2015. • 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐩𝐫𝐢𝐜𝐞𝐬 stabilized at ~$250 per square foot after declines in 2023. • 𝐑𝐞𝐭𝐚𝐢𝐥 𝐩𝐫𝐢𝐜𝐞𝐬 remain resilient, holding near record highs at ~$350 per square foot. • 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐩𝐫𝐢𝐜𝐞𝐬 stand out, 𝐫𝐢𝐬𝐢𝐧𝐠 𝟏𝟎% 𝐲𝐞𝐚𝐫-𝐨𝐯𝐞𝐫-𝐲𝐞𝐚𝐫 to ~$300,000 per unit. What’s driving multifamily’s momentum? Institutional investors are targeting 𝐡𝐢𝐠𝐡-𝐪𝐮𝐚𝐥𝐢𝐭𝐲, 𝐰𝐞𝐥𝐥-𝐥𝐨𝐜𝐚𝐭𝐞𝐝 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 that align with evolving market demand. At Riaz Capital, we focus on creating efficient, thoughtfully designed housing that meets these trends—offering affordability and functionality for today’s residents. 𝐖𝐡𝐞𝐫𝐞 𝐝𝐨 𝐲𝐨𝐮 𝐬𝐞𝐞 𝐦𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐡𝐞𝐚𝐝𝐢𝐧𝐠 𝐢𝐧 𝟐𝟎𝟐𝟓? #MultifamilyHousing #EastBayRealEstate #MarketTrends #RiazCapital CoStar

𝟖𝟐𝟎 𝐖 𝐌𝐚𝐜𝐀𝐫𝐭𝐡𝐮𝐫 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬 𝐢𝐧 𝐎𝐚𝐤𝐥𝐚𝐧𝐝 We are pleased to report substantial progress at our 820 W MacArthur Blvd development, a pivotal affordable housing initiative in Oakland. As we navigate through crucial construction phases, here's an update on our recent milestones: 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐒𝐭𝐚𝐭𝐮𝐬: ➣ 𝐅𝐫𝐚𝐦𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐢𝐨𝐧: The structural framework is fully completed, providing the backbone for this transformative project. ➣ 𝐌𝐄𝐏 𝐈𝐧𝐬𝐭𝐚𝐥𝐥𝐚𝐭𝐢𝐨𝐧𝐬: Mechanical, Electrical, and Plumbing rough-in installations are substantially complete on all floors ➣ 𝐈𝐧𝐬𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐃𝐫𝐲𝐰𝐚𝐥𝐥: Installation is ongoing for all floors. ➣ 𝐃𝐫𝐲𝐢𝐧𝐠-𝐈𝐧: The building is substantially dried in, with stucco and siding installation ongoing. 𝐀𝐜𝐤𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞𝐦𝐞𝐧𝐭𝐬: ➣ JS Builders, LLC and LDP Architecture, Inc. Their expertise and dedication are crucial in driving this project towards timely completion. ➣ Alameda County and Bridge Bank: We extend our deep gratitude for their partnership and the innovative financing solutions that have been pivotal in advancing this development. 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭: 820 W MacArthur is a cornerstone in our commitment to providing affordable housing solutions in Oakland. Leveraging strategic public-private partnerships and the state density bonus law, this project will deliver 166 affordable units to the community, complete with amenities like co-working areas and a rooftop deck. We thank everyone involved for your commitment to making a significant impact in our community. This project stands as a testament to the power of collaborative efforts and innovative financing in addressing today’s housing market challenges. We look forward to sharing further updates as we approach completion. #RiazCapital #ConstructionUpdate #AffordableHousing #Oakland

🌐 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗻𝗲𝘄𝘀: 𝗪𝗲 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗮 𝗻𝗲𝘄 𝗹𝗲𝗮𝘀𝗶𝗻𝗴 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 𝗳𝗼𝗿 ArtHaus! Our brand-new website, 𝐰𝐰𝐰.𝐀𝐫𝐭𝐇𝐚𝐮𝐬.𝐦𝐨𝐯, is live—and it’s designed to make it easier than ever to explore everything 𝐀𝐫𝐭𝐇𝐚𝐮𝐬 𝐋𝐢𝐯𝐢𝐧𝐠 and 𝐀𝐫𝐭𝐇𝐚𝐮𝐬 𝐖𝐨𝐫𝐤𝐬 have to offer. 🏠 𝐀𝐫𝐭𝐇𝐚𝐮𝐬 𝐋𝐢𝐯𝐢𝐧𝐠: 𝐋𝐢𝐯𝐢𝐧𝐠 𝐢𝐬 𝐚𝐧 𝐚𝐫𝐭. Explore our Living Collections, designed to fit your lifestyle and your budget: • 𝐒𝐭𝐮𝐝𝐢𝐨𝐬 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧: Fully furnished studios with short-term leases. • 𝐌𝐨𝐝𝐞𝐫𝐧 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧: Newly built, tech-enabled residences near transit and urban hubs. • 𝐂𝐥𝐚𝐬𝐬𝐢𝐜 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧: Updated 1, 2, and 3-bedroom apartments with great value. • 𝐒𝐭𝐮𝐝𝐞𝐧𝐭 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧: Shared residences for off-campus living near universities. ArtHaus Living offers better living through  𝐬𝐦𝐚𝐫𝐭𝐞𝐫 𝐝𝐞𝐬𝐢𝐠𝐧, 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭, 𝐟𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐥𝐞𝐚𝐬𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐯𝐢𝐛𝐫𝐚𝐧𝐭 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬. 𝐋𝐢𝐯𝐞 𝐀𝐫𝐭𝐟𝐮𝐥𝐥𝐲: 𝘸𝘸𝘸.𝘈𝘳𝘵𝘏𝘢𝘶𝘴.𝘮𝘰𝘷/𝘭𝘪𝘷𝘪𝘯𝘨.𝘱𝘩𝘱 🖥️ 𝐀𝐫𝐭𝐇𝐚𝐮𝐬 𝐖𝐨𝐫𝐤𝐬: 𝐖𝐨𝐫𝐤𝐬𝐩𝐚𝐜𝐞𝐬 𝐫𝐞𝐢𝐦𝐚𝐠𝐢𝐧𝐞𝐝 ArtHaus Works is a vibrant community designed to inspire your work everyday: ✔️ 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐖𝐨𝐫𝐤𝐬𝐩𝐚𝐜𝐞𝐬: Private studios and premium spaces tailored for businesses of all sizes. ✔️ 𝐈𝐧𝐬𝐩𝐢𝐫𝐢𝐧𝐠 𝐀𝐦𝐞𝐧𝐢𝐭𝐢𝐞𝐬 Tech-enabled conference rooms, coffee lounges, a stunning roof deck, and rotating art collections. ✔️ 𝐄𝐯𝐞𝐧𝐭-𝐑𝐞𝐚𝐝𝐲 𝐒𝐩𝐚𝐜𝐞𝐬: Host workshops, networking events, or team gatherings in vibrant, thoughtfully designed spaces. ArtHaus Works offers spaces that inspire creativity, foster collaboration, and provide everything you need to grow. 🔗 𝐖𝐨𝐫𝐤 𝐀𝐫𝐭𝐟𝐮𝐥𝐥𝐲 𝘸𝘸𝘸.𝘈𝘳𝘵𝘏𝘢𝘶𝘴.𝘮𝘰𝘷/𝘸𝘰𝘳𝘬.𝘱𝘩𝘱 With the launch of our new website, ArtHaus is ready to inspire your next move—whether it’s finding your perfect home or growing your business. 🎉 𝐇𝐮𝐠𝐞 𝐭𝐡𝐚𝐧𝐤-𝐲𝐨𝐮 𝐭𝐨 𝐨𝐮𝐫 Matt Dietsch 𝐚𝐧𝐝 Daniel Dujisin 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐢𝐧𝐜𝐫𝐞𝐝𝐢𝐛𝐥𝐞 𝐰𝐨𝐫𝐤 𝐢𝐧 𝐦𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐫𝐭𝐇𝐚𝐮𝐬 𝐯𝐢𝐬𝐢𝐨𝐧 𝐚 𝐫𝐞𝐚𝐥𝐢𝐭𝐲! Check out the new site and let us know: 𝑊ℎ𝑎𝑡’𝑠 𝑦𝑜𝑢𝑟 𝑓𝑎𝑣𝑜𝑟𝑖𝑡𝑒 𝑝𝑎𝑟𝑡 𝑜𝑓 𝐴𝑟𝑡𝐻𝑎𝑢𝑠.𝑚𝑜𝑣

We’re incredibly proud to see 𝐀𝐫𝐭𝐇𝐚𝐮𝐬 𝐂𝐡𝐞𝐬𝐭𝐧𝐮𝐭 come to life as part of our mission to create housing that is accessible, sustainable, and community-focused. A heartfelt thank-you to the entire Riaz Capital team and our trusted partners for their dedication to this project, as part of our 𝟐𝟎𝟏𝟗 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐙𝐨𝐧𝐞 𝐅𝐮𝐧𝐝. From the visionaries who shaped the design to the hands-on teams who turned blueprints into reality, your efforts have made a tangible impact on West Oakland’s housing landscape. ArtHaus Chestnut embodies everything we stand for at Riaz Capital: thoughtful design, urban accessibility, and innovative solutions that make modern living attainable. This community offers: ➣ 𝟔𝟎 𝐟𝐮𝐥𝐥𝐲 𝐟𝐮𝐫𝐧𝐢𝐬𝐡𝐞𝐝 𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐜𝐞𝐬 with turn-key convenience. ➣ Utilities and Wi-Fi included for a seamless move-in experience. ➣ Welcoming environment with thoughtful amenities like secure bike storage, complimentary laundry, and on-site parking. Thank you to everyone who contributed to this achievement. It’s projects like this that move us closer to our vision of redefining urban living. Visit ArtHaus Chestnut here: https://lnkd.in/g6dgQxgT #ArtHausChestnut #OpportunityZone #UrbanLiving #SustainableHousing

At Riaz Capital, Thanksgiving is a time to reflect on gratitude and connection. This year, we are profoundly thankful for our dedicated team, our trusted partners, and the incredible community we’re privileged to serve. Your hard work and collaboration fuel our mission and inspire us every day. As we gather with loved ones and celebrate the holiday, let’s also appreciate the small victories and moments that make life so meaningful. Here’s to building a future full of opportunity—together. Happy Thanksgiving from all of us at Riaz Capital! 🦃🍂

We are thrilled to announce that our 𝟐𝟑𝟎𝟎-𝟐𝟑𝟏𝟎 𝐄𝐥𝐥𝐬𝐰𝐨𝐫𝐭𝐡 𝐒𝐭𝐫𝐞𝐞𝐭 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 in Berkeley, CA, has officially received entitlement approval. Located directly across from UC Berkeley, this development will bring thoughtfully designed student housing to a prime location, providing a vibrant and connected living experience for students. The project consists of 𝟔𝟗 𝐮𝐧𝐢𝐭𝐬 and 𝟑𝟖𝟐 𝐛𝐞𝐝𝐬, offering a variety of layouts designed to meet the diverse needs of students. It features 𝐦𝐨𝐝𝐞𝐫𝐧 𝐚𝐦𝐞𝐧𝐢𝐭𝐢𝐞𝐬, including a courtyard, a ground-floor lounge, study rooms, bike storage, and more. The property is situated in an 𝐮𝐧𝐛𝐞𝐚𝐭𝐚𝐛𝐥𝐞 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧, directly across from UC Berkeley’s Recreational Sports Facility. This milestone reflects our commitment to enhancing the Berkeley community with housing that prioritizes quality and urban access. We are excited to move forward and take the next steps in bringing this vision to life. A huge thank-you to everyone who contributed to this achievement. This is a true team effort, and we couldn’t have done it without you. #StudentHousing #Berkeley #RealEstateDevelopment

𝗥𝗶𝗮𝘇 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗘𝘅𝗽𝗮𝗻𝗱𝘀 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝘄𝗶𝘁𝗵 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗔𝗿𝘁𝗛𝗮𝘂𝘀 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗼𝗻 𝗔𝗹𝗮𝗺𝗲𝗱𝗮 𝗜𝘀𝗹𝗮𝗻𝗱 Riaz Capital is pleased to announce the acquisition of Del Coronado Apartments, now rebranded as ArtHaus Central. This 72-unit garden-style community in Alameda represents the latest in our value-add workforce housing strategy, advancing our commitment to accessible housing solutions across the Bay Area. ArtHaus Central occupies a premier location on Alameda Island, known for its desirable mix of small-town charm and close proximity to San Francisco and East Bay employment hubs. The property’s historically high occupancy and tenant retention, combined with some of the area’s most spacious floor plans, make it a valuable addition to our portfolio. In alignment with Riaz Capital’s broader portfolio and brand, ArtHaus Central will undergo a light aesthetic value-add business plan. Planned improvements include exterior renovations, targeted unit updates, solar panel installations, and amenity upgrades—all designed to enhance tenant experience and support sustainability. These updates will strengthen property appeal and long-term value while avoiding the complexities and risks of major structural changes. Riaz Taplin, Founder and CEO of Riaz Capital, commented, “We are thrilled to enter the Alameda market with ArtHaus Central as the latest addition to our Bay Area workforce housing portfolio. Alameda’s rental stability and relative affordability align with our mission, and we are confident in the property’s growth potential over the next decade.” Riaz Capital is on track to reach 4,000 units under management or in development across California by the end of 2024. We continue to pursue value-add opportunities to provide high-quality accessible housing across the state. For more information visit our website at ArtHaus.mov