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Santa Monica beach with downtown in the background
FinanceIndustry NewsLos AngelesRetail

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...

pablo-merchan-montes-4vGtgqEBBsg-unsplash-shopping retail
FinanceIndustry NewsLeasingRetail

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...

Santa Monica 3rd Street Promenade
FinanceIndustry NewsLos AngelesRetail

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...

guillaume-merle-QTdjjOGEDMA-unsplash-los angeles
CommercialFinanceIndustry NewsLos Angeles

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...

Santa Monica beach with downtown in the background
CommercialFeaturedFinanceIndustry NewsLos Angeles

JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund as Santa Monica’s $162MM Pen Factory Hangs in the Balance

The 24-year-old US Real Estate Income and Growth vehicle had bet on Westside trophy office at the top of the market — now...

Los Angeles Aerial Wilshire Blvd Condos and Apartments
AECFinanceIndustry NewsLos AngelesResidential

Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza

The Santa Monica REIT files plans to turn a 17-story Wilshire Boulevard office tower it acquired out of distress into apartments, pairing the...

Santa Monica 3rd Street Promenade
AECFinanceIndustry NewsLos AngelesResidentialRetail

Cypress Equity Lands $170MM Construction Loan to Launch 320-Unit Wilshire Boulevard Push in Santa Monica

Twin eight-story projects near Douglas Park will replace aging commercial sites and lean on the city’s new off-site affordable housing pilot Cypress Equity...

4464-Sepulveda-Boulevard
AECFeaturedIndustry NewsLos AngelesResidential

Community Corp. Breaks Ground on 95-Unit Jubilo Village in Culver City After Seven-Year Push

Westside nonprofit developer secures $20 million city loan and state tax credits to deliver Culver City’s first fully affordable project in more than...

Santa Monica beach with downtown in the background
CommercialFinanceIndustry NewsLeasingLos Angeles

Bank OZK Seizes Redcar’s 86,000 SQFT Santa Monica Office Complex After $50MM Loan Sours

Newly built 1650 Euclid Street and two adjacent parcels go back to the lender via deed in lieu, marking one of Silicon Beach’s...

myke-simon-atsUqIm3wxo-unsplash-movie theater
FinanceLos AngelesRetail

Laemmle Family Reclaims NoHo 7 Property for $6.5MM, Reversing Pandemic-Era Sale in North Hollywood

The third-generation theater operator buys back its 32,809-SQFT Lankershim Boulevard asset from a Charlotte developer whose luxury housing plans collapsed under Los Angeles...

couple shopping at a mall
FeaturedFinanceIndustry NewsInland EmpireLeasingLos AngelesOrange CountyRetailSan Diego

Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers

The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...

office building
CommercialFinanceIndustry NewsInland Empire

MGR Real Estate Lands 106,000 SQFT Lakeview Campus in Ontario for $24.675MM

Off-market deal hands the Inland Empire investor a Class A office asset with 1.85 acres of expansion land at one of the West’s...

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