Bay Area
Is a Billionaire Serving Unhoused Oakland Residents Eviction Notices?
In mid-December, Game Changer LLC, delivered eviction notices to and erected a fence around nine unhoused residents who live on a tract of land west of Wood Street in West Oakland in an effort to force them to leave property the company owns but has left unused since its purchase.
Game Changer appears to be owned by Fred Craves, who owns or has owned two other corporations worth over a billion dollars each. Some of the nine unhoused residents have lived on the land for over eight years. The company has recently hired a security guard to keep watch over the area.
“With regard to the eviction suit, well over 90% of the campers who were on the private property left without the need for legal action,” said Pat Smith of Smith LLP, a firm representing Game Changer. “Almost all of them are looking forward to improved conditions that will result from the Safe Parking Center.”
Smith’s statement refers to a proposed city plan to convert the site temporarily into a city-run safe parking site for unhoused residents who live in vehicles. While city documents show plans for a new West Oakland safe parking site that had originally been set to open in November 2019, an email from October 2019 to The Oakland Post from Oakland Assistant City Administrator Joe DeVries, said that “the owner would need to clean [the site] thoroughly first before it could be developed into such use.”
If such a site were opened and were similar to other city-run safe parking sites, it wouldn’t be available to most of the nine residents still staying on Game Changer’s land. So far, the city run safe parking sites have only been available to those living in vehicles. Several of the residents on the land don’t live in vehicles, but in self-made homes or tents. Other city-run safe parking sites haven’t allowed oversized vehicles or vehicles that are inoperable. Several of the residents on the land live in large buses and one lives in a broken down RV. Other city-run safe parking sites also have limited resident stays to six months.
On Nov. 5 and 6, 2019, the City of Oakland and the Oakland Police Department cleared abandoned vehicles and asked residents on the site to leave. While it’s difficult to say how many were on the site at the time, most residents estimated the population at around 100. Most residents did leave when asked and many who left moved either to the curbside of Wood Street or onto bordering land owned by Caltrans. But some residents, with the support of a protest staged by more than three dozen Oaklanders, decided to stay on Game Changer’s land. Those who remained are now the ones both fenced in and subject to legal action by Game Changer.
“The owner of the property has entered into a lease with the City of Oakland to enable the city to operate the property as a safe parking center,” said Smith in a Jan. 3 email to The Oakland Post, confirming Game Changer’s plans to let the city use its site. “The initial term of the lease is 18 months from commencement of operations. Rent is one dollar per year.”
Neither Game Changer’s lawyers nor the City of Oakland have yet mentioned who the owner of the company is. But a search into California’s Secretary of State’s online service for information on LLCs shows that Frederick B. Craves, who also goes by Fred Craves, registered Game Changer LLC in June 2012.
While the company’s jurisdiction is listed as “Delaware,” its mailing address is listed in downtown San Francisco. Game Changer’s listed mailing address is the same as Bay City Capital LLC, which Craves registered in 1997 and whose website describes it as “a life science investment firm” that has over $1.3 billion in capital commitments.
In 2009, Forbes reported that Craves funded a firm called Reliant Pharmaceuticals, which he sold to a company called GlaxoSmithKline for $1.7 billion in cash in 2007.
The Oakland Post contacted Bay City Capital and spoke with Craves’ assistant, who said she would pass our inquiry onto Craves. At press time, Craves had not commented and it remains unclear what his intentions are for the site after the 18-month lease is up.
Activism
Oakland Post: Week of March 4 – 10, 2026
The printed Weekly Edition of the Oakland Post: Week of March 4 – 10, 2026
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Oakland Post: Week of February 25 – March 3, 2026
The printed Weekly Edition of the Oakland Post: Week of – February 25 – March 3, 2026
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Activism
Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs
Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.
By Carla Thomas
The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.
The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.
Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.
At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.
“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”
According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.
“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”
This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.
Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.
Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.
“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”
The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.
“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”
Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”
For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.
“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.
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