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Home > Douglas Emmett Pays $330Mln for Santa Monica, Calif., Apartments

Douglas Emmett Pays $330Mln for Santa Monica, Calif., Apartments

May 26, 2022
in General News, West

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Los Angeles Business Journal Douglas Emmett Inc. has paid $330 million, or $2.75 million/unit, for the 120-unit apartment property at 1221 Ocean Ave. in Santa Monica, Calif. The local REIT...

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Tags: Douglas Emmett Inc. Irvine Co. Santa Monica Multifamily California - CA Property Acquisitions (ACQ) West Regional Digest (WDIG) More than $150 million

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  • Transactions
  • CMBS
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Trion Pays $108.75Mln for Denver-Area Apartments

July 1, 2022

Grocery-Anchored Retail Property in Hollywood, Fla., Sold for $15Mln

July 1, 2022

Magnolia Capital Pays $124.25Mln for Morrisville, N.C., Apartments

July 1, 2022

Fortress Lends $269Mln for Construction of Fla. Condos

July 1, 2022

Work Begins on $35Mln Apartment Project Near Downtown Atlanta

July 1, 2022
more...

Losses Ahead for 2012 CMBS Deal When Last 2 Assets Get Resolved

July 1, 2022

Private-Label CMBS Volume Inches Up from Last Year to $47.18Bln in First Half

June 30, 2022

226-Room Holiday Inn in Manhattan Trades for $80.3Mln; CMBS Loan Gets Assumed

June 30, 2022

CBL Offers to Buy 2 Troubled CMBS Loans on Its Malls at Discount

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INITIAL PRICING: BMO Commercial Mortgage Securities Inc., 2022-C2

June 29, 2022
more...

NewPoint Adds Skip Martinson as Managing Director of Conventional Originations

June 29, 2022

Martha Nay Named to Lead JLL’s Newly Formed Boston Apartment Sales Advisory Team

June 23, 2022

Colliers Hires Raul Saavedra as EVP of Data-Center Advisory

June 22, 2022

Rachel Vinson Named President of CBRE’s Debt, Structured Finance Business

June 14, 2022

L.A.-Area Apartment, Industrial Buyer Brings on Dan Murphy to Handle Investments

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    June 24, 2022
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    June 23, 2022
  • 154,988-SF Retail Center in Colorado Springs, Colo., Sells for $21.4Mln

    June 21, 2022
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