Santa Monica
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...
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...
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...
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...
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...
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...
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...
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...
Santa Monica Office Demand Stirs Awake as BXP Sees Westside Tenants Hunting Upgrades
The nation’s largest premier workplace REIT logs renewed activity on its 2-million-square-foot LA portfolio after years of dormancy, even as overall submarket vacancy...
Private Investor Group Lands Chelsea Apartments in Santa Monica for $33.1MM, Secures 10-Year Fixed Debt
A 53-unit coastal trophy two blocks from the Pacific trades at roughly $625,000 per door as a Venice-based sponsor doubles down on supply-constrained...
Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers
The $514,000-per-unit transaction strips Kilroy of nearly all its Los Angeles multifamily exposure and delivers a $61.8 million impairment as the REIT pivots...
Jacmar Cos.’s 120-Unit Mixed-Use Project Goes Vertical at the Fairfax Asterisk in LA’s Little Ethiopia
The Alhambra-based conglomerate’s 120-unit apartment building rises above grade at one of Los Angeles’ most complex intersections, adding density to a corridor in...
