Santa Monica
Wildwood School Acquires 101,000 SQFT Ocean Park Plaza for $50.6MM in Santa Monica
A private co-educational school has purchased Santa Monica’s largely empty Ocean Park Plaza in an all-cash deal, pulling a full city block of...
LA County Property Values Reach Record $2.27 Trillion, Beating Assessor’s Own Forecast in Wildfire Year
Los Angeles County Assessor Jeff Prang announced a 2026 assessment roll of $2.272 trillion in net taxable value, a 4.42 percent gain that...
Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing
The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...
Veritas Investments Shops 671-Unit, 29-Asset Westside Los Angeles Multifamily Portfolio for Sale or Recapitalization
Veritas Investments has placed a 29-building, 671-unit apartment portfolio spanning Santa Monica, West Hollywood, Venice, Culver City and Redondo Beach on the market,...
SpaceX’s Record IPO Unleashes a Coastal Buying Wave, and South Bay Housing Is Ground Zero
SpaceX’s $75 billion public debut has created thousands of new millionaires clustered in Los Angeles County’s aerospace corridor, and brokers from Manhattan Beach...
Dueling Transfer Tax Measures Put Billions in California Real Estate Revenue on the Line
A Howard Jarvis ballot initiative and a last-minute legislative compromise, AB 736, are racing toward a June 25 deadline that will determine how...
Scarce Supply and a Value-Luxury Barbell Power Southern California Retail Into 2026
Southern California’s retail landlords are navigating a market where almost no new space is being built, demand is bifurcating between deep-discount and luxury...
Columbia Pacific Lists Former World’s Gym Site on Abbot Kinney for 148-Unit Venice Residential Play
Columbia Pacific Advisors has brought to market a 0.68-acre development site at the corner of Abbot Kinney Boulevard and Main Street in Venice,...
Wells Fargo-Occupied Santa Monica Bank Branch Lists for $9.275MM Steps from the Beach
Hanley Investment Group and Industry Partners bring a corporate-guaranteed Wells Fargo NNN asset on a third-acre Ocean Park parcel to market amid steady...
Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point
Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...
32,000 SQFT Coastal TJ Maxx-Leased Site in Santa Monica Brought to Market for $20.2MM at 5.5% Cap Rate
A rare single-tenant net lease opportunity on Santa Monica’s prime retail corridor, the TJX-anchored property carries investment-grade credit and a lease running through...
BLT Enterprises Lists 20,700 SQFT Baker Building in West LA for $10.5MM
The Santa Monica investor is testing buyer appetite for a two-building Sawtelle creative compound priced at $505 per square foot, more than 13...
