Neil Shekhter Loses More Santa Monica Apartment Buildings

Neil Shekhter Loses More Santa Monica Apartment Buildings

Neil Shekhter has lost three more apartment properties, this time to foreclosure.  Bank of Southern California foreclosed on 1007 Lincoln Boulevard, 1038 10th Street and 1516 Stanford Street, according to a trustee’s... Read more »
Santa Monica City Council Approves New Tenant Protections

Santa Monica City Council Approves New Tenant Protections

The City Council of Santa Monica voted to approve a series of renter protections on Feb. 13, including rules against dramatic rent increases, unjust evictions and harassment as well as financial assistance... Read more »
California Names Santa Monica a “Prohousing” City

California Names Santa Monica a “Prohousing” City

Santa Monica, subject of more than a dozen builder’s remedy housing applications, has won recognition as a “prohousing” city by the state. Gov. Gavin Newsom announced the beach city earned the designation... Read more »
Snap Inc. Renews Full 467K-SF Space in Santa Monica

Snap Inc. Renews Full 467K-SF Space in Santa Monica

BXP said Tuesday that it has signed a 10-year, approximately 467,000-square-foot, multi-building lease extension with Snap Inc. at Santa Monica Business Park. Published reports last month cited anonymous sources who said the tech... Read more »
First Citizens Pays M for Santa Monica Office Building

First Citizens Pays $87M for Santa Monica Office Building

Nearly a year after defaulting on more than $100 million in loans tied to an office complex in Santa Monica, Realty Bancorp Equities has managed to sell the property — to an... Read more »
Snap to Shrink Footprint at Santa Monica Headquarters

Snap to Shrink Footprint at Santa Monica Headquarters

Snap wants a real estate haircut in Santa Monica, but can’t decide between a buzz or a trim. The locally based parent of Snapchat wants to cut its office expansion at Santa... Read more »
.5M Sale Marks Priciest Santa Monica Home in Two Years

$22.5M Sale Marks Priciest Santa Monica Home in Two Years

A Santa Monica house designed by Peter Choate, an architect popular with Hollywood glitterati in the mid-to late 20th century, has sold in an all cash deal for $22.5 million. The 9,300-square-foot... Read more »