CBRE Completes Receivership Sale of Santa Monica Apartments

CBRE Completes Receivership Sale of Santa Monica Apartments

CBRE arranged the sale of 901 Ocean Ave., a 28‑unit coastal multifamily investment property located along Santa Monica’s Ocean Avenue corridor. The property sold for $23.46 million to a private local investor, with the... Read more »
Kennedy Wilson Plans Santa Monica Apartment Project

Kennedy Wilson Plans Santa Monica Apartment Project

Kennedy Wilson is looking to add much-needed housing to Santa Monica’s multifamily inventory.  The Beverly Hills-based firm filed an application with the City of Santa Monica’s Community Development Department to build an... Read more »
Largely Vacant Santa Monica Offices Get New Life as School Campus

Largely Vacant Santa Monica Offices Get New Life as School Campus

Colliers arranged the all-cash sale of Ocean Park Plaza, a two-story, 100,700-square-foot office and medical building at 2701 Ocean Park Blvd. in Santa Monica. The buyer, an undisclosed co-educational school, plans to... Read more »
Private Ranch Living on 77 Acres at 8416 Wheeler Canyon Road, Santa Paula

Private Ranch Living on 77 Acres at 8416 Wheeler Canyon Road, Santa Paula

Private Ranch Living on 77 Acres at 8416 Wheeler Canyon Road, Santa Paula Tucked away in the rolling hills of Wheeler Canyon, 8416 Wheeler Canyon Road offers an extraordinary opportunity to own... Read more »
The Smart Money Is Buying During the Slow Market in Santa Teresa, Costa Rica

The Smart Money Is Buying During the Slow Market in Santa Teresa, Costa Rica

Why Experienced Buyers Remain Active During a Slower Market Something interesting is happening in the Santa Teresa real estate market right now. While the pace has slowed compared to the peak years,... Read more »
Santa Clara Office and R&D Campus Trades for More Than 0M

Santa Clara Office and R&D Campus Trades for More Than $300M

Ellis Partners and Boston-based investment manager The Baupost Group have finalized the purchase of Great America Commons, a pair of Class-A office and R&D buildings totaling approximately 635,000 square feet and located at 4555-4655... Read more »
Safehold Closes on Ground Leases for Affordable in Santa Clarita, Santa Cruz

Safehold Closes on Ground Leases for Affordable in Santa Clarita, Santa Cruz

Ground lease REIT Safehold Inc. has closed on ground leases for the development of two affordable housing communities, Banana Belt Apartments at 917-923 Water St. in Santa Cruz and Creekside Commons at... Read more »
Santa Monica Apartment Projects Proceed With Funding

Santa Monica Apartment Projects Proceed With Funding

Two mixed-use apartment projects in Santa Monica can now move forward thanks to a fresh injection of funding for developer Cypress Equity Investments.  Los Angeles-based Cypress secured a $170 million construction loan... Read more »
WareSpace Picks Up Santa Fe Springs Industrial Building

WareSpace Picks Up Santa Fe Springs Industrial Building

WareSpace is doubling down on industrial space in Southern California amid a wider market squeeze.  The Maryland-based developer acquired an 82,000-square-foot industrial property at 13711 Freeway Drive in Santa Fe Springs for... Read more »
Redcar Hands Back Keys to Santa Monica Offices

Redcar Hands Back Keys to Santa Monica Offices

Redcar Properties handed back the keys to creative offices located in Santa Monica to its lender, Bank OZK, according to a deed in lieu of foreclosure dated late March. The unpaid debt... Read more »