Santa Monica
California Taps Polluters for $865MM to Fund Housing and Transit
Governor Newsom’s cap-and-invest program delivers affordable housing and green infrastructure across 17 communities California is converting pollution penalties into public benefits, announcing over...
Building Sustainable Affordable Communities
By Bill Wilhelm, President of R.D. Olson Construction Affordable housing development aims not merely to ease the Greater Los Angeles area’s housing crisis,...
Macerich Rides Leasing Surge in Southern California Mall Revival
The Santa Monica-based REIT is outpacing targets as luxury and digitally-native brands flock to its California properties The Macerich Company is experiencing what...
Related California Announces Executive Succession Plan with Gino Canori and Ann Silverberg to Assume leadership, Bill Witte Named Chairman Emeritus
Related California, the West Coast affiliate of Related Companies, and Co-Founder and Chairman Bill Witte today announced its leadership succession plan, effective January...
Orange County’s 455,000 SQFT Flight Creative Campus Changes Hands in $200MM Deal
Glendon Capital Takes Majority Stake in Tustin Legacy Office Development as Market Tests Quality Premium A hedge fund known for distressed investments has...
GR Properties USA Secures $42MM Financing for Santa Monica Mixed-Use Property
Deal highlights continued cross-Pacific appetite for prime coastal California real estate despite broader market headwinds A Hong Kong-based property company has successfully refinanced...
J.J. Abrams’ Bad Robot Building Trades for $30.9 Million in Rare Santa Monica Office Deal
Purchase price of $1,717 per square foot defies market trends as creative office space changes hands In a striking counterpoint to Santa Monica’s...
Elysian Housing Plans 316-Unit Courtyard Housing Campus for Los Angeles’ Warner Center
Seven-story development would replace a 120,000-square-foot commercial site at 21155 West Califa Street Efforts to reshape Warner Center from an office-heavy district into...
Lincoln Property Company Plans 257-Unit Apartment Complex in Santa Monica
Boys & Girls Clubs site at 1238 Lincoln Boulevard to become eight-story residential development with affordable housing component Santa Monica’s Lincoln Boulevard corridor...
Macerich Posts $87MM Loss Amid Southern California Portfolio Challenges
The Santa Monica-based mall operator’s third-quarter deficit reflects ongoing struggles with debt refinancing and property transitions, even as key California assets show improved...
21,000 SQFT Brentwood Development Site Will Test LA’s Appetite for Westside Multifamily Development
Half-acre parcel at Wilshire and Barrington could yield more than 240 units under city’s new housing incentive program A development site at the...
West LA Development Site Fetches $14.5MM in High-Profile Transaction
Newmark team closes land sale on Santa Monica Boulevard amid challenging market conditions A prominent development site spanning more than an acre along...
