Santa Monica
Office Portfolio Collapse: Realty Bancorp’s $68MM Loan Enters Special Servicing as LA County Properties Face Mounting Distress
Realty Bancorp’s suburban office buildings, including Rams headquarters, hit by plummeting occupancy and income as greater LA office market struggles A $67.5 million...
California Housing Costs Soar to 2.3X Texas Levels as Construction Regulations Take Heavy Toll
New RAND study reveals stark regional differences in multifamily housing production costs, with policy reforms offering potential solutions California’s notoriously high housing costs...
Long Beach Follows Santa Monica’s Lead with Downtown Entertainment Zone Approval
City Council greenlights outdoor drinking pilot program to boost economic revitalization efforts Long Beach has become the second California city to embrace a...
Historic Santa Monica Clock Tower Faces Financial Crisis as Office Market Struggles
Century-old Art Deco landmark’s $26.7 million loan enters special servicing amid plummeting occupancy and cash flow The Santa Monica Clock Tower, a 12-story...
25,000 SQFT Mixed-Use Building in Santa Monica Listed for Sale at $10.97MM
A 25,346-square-foot two-story retail and office building at 10401–10419 Venice Boulevard in Santa Monica has been brought to market. The property is being...
Santa Monica’s Entertainment Zone Soft Launches on Third Street Promenade
SANTA MONICA, Calif. (June 12, 2025) – Santa Monica’s Entertainment Zone opens with a soft launch tomorrow, June 13, creating a shared patio along Third Street...
City of Santa Monica Unveils Vision for 200-Acre Airport Conversion Project
A large-scale transformation is taking shape in Santa Monica as the city moves forward with plans to convert the Santa Monica Airport into...
Santa Monica Updates Local Zoning Regulations to Support Economic Development and Consumer Interest
New permit updates allow for more flexible commercial activity across downtown SANTA MONICA, Calif. (June 2, 2025) – Following the launch of the...
DivcoWest Selected to Lead Management of Four Creative Office Properties Totaling 205,000 SQFT in Santa Monica
BEVERLY HILLS, CA – May 28, 2025 – DivcoWest, a leading commercial real estate investment firm under DivCore Capital, has been selected to...
32-Unit Mansfield Terrace Apartments in Hollywood Sells for $10.3MM
The 32-unit Mansfield Terrace Apartments in Hollywood has sold for $10.3 million, closing on May 21st at approximately $321,875 per unit. The buyer...
Turner Impact Capital Celebrates Grand Opening of 11,500 SQFT State-of-the-Art Primary Care Facility in Orange County
The new facility developed for Share Ourselves, a leading Federally Qualified Health Center, is one of 43 healthcare facilities opened or under development...
155,000 SQFT Volkswagen Engineering Campus in Oxnard Hits the Market
The Volkswagen Engineering Campus, a 155,240-square-foot industrial and advanced manufacturing facility located at 201 Del Norte Boulevard and 3301 Sturgis Road in Oxnard,...
