Westside
E&S Ring Lands $95.8MM Voya Refinancing for 1,461-Unit Southern California Apartment Portfolio
Family-owned E&S Ring Management has rolled six Southern California apartment communities, from Brentwood and Los Feliz to Victorville, into $95.8 million of new...
LA County Large-Apartment Sales Jump 44% to $3.3 Billion as Per-Unit Pricing Slips to $357,085
Investors have put $3.3 billion into Los Angeles County apartment properties of 50 or more units so far this year, a 44 percent...
20,000 SQFT Retail Beneath Santa Monica’s Waverly and Seychelle Condos Hits Market at $17MM, 70% Above 2021 Sale
The leasehold on two retail condominiums beneath Related California's Waverly and Seychelle towers on Ocean Avenue is back on the market at $17...
Culver City Lands $103MM Option to Buy Fortress’ 198,000 SQFT Former Sony Animation Campus
Culver City has secured the exclusive right to buy the vacant former Sony Pictures Animation campus from Fortress Investment Group for $103 million,...
Goldman Sachs Buys $280MM Senior Loan on Slatkins’ 327-Key Santa Monica Beach Hotels, Consolidating $400MM Debt Stack
Goldman Sachs has bought the $280 million senior mortgage on Shutters on the Beach and Hotel Casa del Mar out of special servicing,...
Land Under 99,000 SQFT Santa Monica Office Building at 1733 Ocean Avenue Relisted at $34.6MM, 47% Below 2019 Sale
The land under a four-story, 98,841-square-foot office building one block from the Pacific in Santa Monica is back on the market at a...
Blackstone, LBA Line Up $270MM Nomura CMBS Loan on Apple-Anchored 378,000 SQFT One Culver Campus
Blackstone and LBA Realty are refinancing their Apple- and WeWork-anchored One Culver campus with a $270 million floating-rate CMBS loan from Nomura, a...
Four Affordable Housing Developers Vie for Santa Monica’s City-Owned Bergamot Station Site
Santa Monica has moved into price-and-terms talks with four affordable housing developers competing to ground lease the 5.6-acre Bergamot Station Arts Center, a...
71-Unit Westwood Apartment Building on Beverly Glen Sells for $14.2MM
The $14.2 million sale of 1441 S. Beverly Glen Blvd. pushed well past Measure ULA's $10.9 million top-tier threshold, a bracket where Marcus...
16-Unit Pico-Robertson Apartment Building Trades for $5.3MM After 23-Year Hold
The sale of 1476 S. Shenandoah St. closes out more than two decades of single-family ownership in one of the Westside's more tightly...
Caruso Reopens 125,000 SQFT Palisades Village at 99% Leased After $100MM Fire Restoration in Pacific Palisades
Caruso restarts a 124,965-square-foot open-air center at 99 percent leased on Saturday, a $100 million wager that a single landlord can pull an...
MDNI Group Acquires 28-Unit Ocean Avenue Multifamily Property in Santa Monica for $23.46MM
A private local buyer has landed a rare bluff-top apartment building on one of Santa Monica's most tightly held corridors, closing an all-cash...
