East Bay Permanent Real Estate Cooperative
Real EstateCalifornia, United States11-50 Employees
The East Bay Permanent Real Estate Cooperative (EB PREC) is a real estate organization based in Oakland, California, organized as a worker cooperative. It focuses on organizing tenants and community groups in the East Bay to acquire land and housing with the aim of removing these assets from speculative markets, thereby creating permanently affordable housing and commercial spaces. The initiative emphasizes collective ownership, self-determination, and community-led development to address the impacts of displacement and rising real estate prices in historically disenfranchised communities. Its work centers on serving residents and neighborhoods that are often affected by speculative activity, with an emphasis on building diverse, resilient communities through restorative economics. A recent development noted in local reporting highlights EB PREC’s continued growth and activity in land and property stewardship within the region.