Home Finance Court-Appointed Receiver Lists 28-Unit Ocean Avenue Apartment Building in Santa Monica for $27.5MM
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Court-Appointed Receiver Lists 28-Unit Ocean Avenue Apartment Building in Santa Monica for $27.5MM

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Santa Monica beach with downtown in the background
Photo by Cédric Dhaenens on Unsplash
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CBRE markets the luxury property on behalf of receiver Douglas Wilson after Nano Banc's $27MM loan on the Coastline 901 LLC-owned building fell into default, part of a wider wave of litigation engulfing borrowers Andrew Stupin and Gerald Marcil A 28-unit luxury apartment building at 901 Ocean Avenue in Santa Monica has hit the market […]

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