BERKELEY — A busy development firm has now grabbed all the real estate it needs to build a new housing project in downtown Berkeley, public records show.
Riaz Capital, acting through an affiliate, has bought four properties that would be bulldozed to allow the development of apartments on Dwight Way on the southern edges of the city’s downtown.
All told, the affiliates of Riaz Capital have paid $8.2 million for four parcels through a series of transactions that began in April 2022 and were completed on Feb. 1, Alameda County public documents show.
The properties are located at sites with addresses that range from 2127 through 2159 Dwight Way between