CRC Development

About CRC Development

CRC Development is a real estate operator. CRC Development operates in San Francisco - Oakland Bay Area, California and Santa Rosa-Petaluma, California. Its investment focus is on Affordable Housing, Condominiums and Industrial.

CRC Development is an Oakland, California-based real estate development and asset management company founded in 2007. The firm is led by Managing Principal John Cappiello and focuses on the acquisition, development, redevelopment, ownership, and management of real estate assets throughout California. Its leadership team brings development experience dating back to 1970 and has been involved in projects comprising thousands of residential, commercial, and industrial units across the western United States. The company operates from its headquarters at 364 41st Street in Oakland and maintains a lean organization with a small professional team. CRC Development provides development, asset management, investment, brokerage, consulting, and property management services. Its portfolio includes mixed-use developments, multifamily housing, commercial properties, industrial facilities, condominium conversions, and neighborhood retail projects. CRC Development has completed a range of projects including residential communities, industrial developments, shopping centers, and large-scale housing redevelopments. One notable initiative involved the acquisition and rehabilitation of 135 single-family homes in Oakland through three investment funds formed between 2009 and 2012. The company continues to own and manage rental housing while pursuing new residential, commercial, and mixed-use development opportunities throughout Northern California.

Principals at CRC Development