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Aerial view of the Marina del Rey harbor in LA
FinanceIndustry NewsLos AngelesResidential

Essex Sells 101-Unit Promenade in Marina del Rey for $24.8MM, Below Its 2004 Purchase Price

Essex Property Trust sold the leasehold on The Promenade, a 101-unit Marina del Rey waterfront community, for $24.8 million to Coastline Real Estate...

BySeptember 11, 2026

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

Alexandria Sells 29% Stake in 1,587,000 SQFT Campus Point Megacampus to KKR for $475MM in San Diego

ByOctober 28, 2026
LA Metro Gold line train arriving at Los Angeles Union Station during COVID-19 Era

Metro Breaks Ground on $4B East San Fernando Valley Light Rail, Bringing Trains Back to Van Nuys Boulevard After 74 Years

October 28, 2026
warehouse with docking doors

Prologis Pays IDI Logistics $193.2MM for 1,008,000 SQFT Stratford Ranch Warehouse in Perris

October 28, 2026
Long Beach with the marina in the foreground

Carmel Partners Lands $152MM Truist Construction Loan for 390-Unit Marina Shores on Long Beach’s PCH

October 28, 2026
San Diego skyline

Alexandria Posts $638.5MM Q3 Loss on Impairments as San Diego Occupancy Runs 12 Points Above Market

October 28, 2026

LA City Council Rejects Neighbor Appeals, Clearing Genton-Led Venture’s 814-Unit Riverwalk at Studio City

October 28, 2026
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