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Santa Monica 3rd Street Promenade
AECFinanceIndustry NewsLos AngelesResidentialRetail

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...

Apartment building outline with a sky with clouds
FinanceIndustry NewsLos AngelesResidentialRetail

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...

San Diego buildings
FeaturedIndustry NewsResidentialSan Diego

San Diego Apartment Rents Decline Up to 8% as Rental Inventory Surges 15%

The metro area ranked 11th among U.S. cities with the largest rent decreases, driven by a wave of new multifamily deliveries that has...

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