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The Park Santa Monica

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Santa Monica 3rd Street Promenade
FinanceIndustry NewsLos AngelesResidential

Claros Affiliate Sets Dec. 3 Foreclosure Sale of Pimco, Witkoff’s 249-Unit Park Santa Monica as Debt Climbs to $513.7MM

A Claros Mortgage Trust affiliate has scheduled a Dec. 3 trustee's sale of The Park Santa Monica, the 249-unit luxury tower at 500...

Santa Monica beach with downtown in the background
FinanceIndustry NewsLos AngelesResidential

Witkoff and PIMCO Default on More Than $400MM Debt on 249-Unit Santa Monica Apartment Complex

Debt on 500 Broadway mixed-use property with roughly 55,000 square feet of retail comes due as luxury housing market shows uneven outcomes When...

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