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Commercial Real Estate Direct Staff Report The $300 million loan against the 527,000-square-foot Santa Monica Place Mall in Santa Monica, Calif., has transferred to special servicer Argentic Services Co. as its expected to default at its upcoming maturity. The transfer ...
Commercial Real Estate Direct Staff Report Boston Properties has acquired the 45 percent stake in the Santa Monica Business Park held by the Canada Pension Plan Investment Board, giving it full ownership of the 1.12 million-square-foot office complex in Santa ...
Commercial Property Executive Snap Inc. has extended its lease for 467,000 square feet at Santa Monica Business Park, a 1.2 million-sf office property in Santa Monica, Calif. The parent company of Snapchat, which has been at the property since 2017, ...
PGIM Real Estate has provided $143.5 million of financing against a pair of apartment properties with 345 units in the Los Angeles area that recently were developed by LaTerra Development LLC. The loan was funded under the investment manager's core-plus ...
Hudson Pacific Properties has sold two office properties with a combined 110,636 square feet in Santa Monica, Calif., in separate deals that total $72.5 million, or $655.30/sf. The buyers of each property could not yet be learned. The first property, ...
Commercial Property Executive Hudson Pacific Properties has sold two office properties with a combined 110,636 square feet in Santa Monica, Calif., in separate deals that total $72.5 million, or $655.30/sf. The buyers of each property could not yet be learned. ...
The Real Deal Terra Property Trust has defaulted on a $28.3 million loan against the 100,000-square-foot office property at 1733 Ocean Ave. in Santa Monica, Calif. The loan had a balance of $34 million when it was provided by Centennial ...
Commercial Real Estate Direct Staff Report Civitas Capital Group has provided $27.4 million of financing for the construction of a 25,000-square-foot retail property at 1404 to 1408 Third St. in Santa Monica. Calif., about 16 miles west of Los Angeles. ...
Multi-Housing News Tishman Speyer has broken ground on the first phase of the Santa Monica Collection, which will involve a 340-unit apartment property in Santa Monica, Calif. The New York developer is building the project at 711 Colorado Ave., 1430 ...
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