David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Santa Monica
Snapchat Affiliate Extends 467,000-SF Office Lease in Santa Monica, Calif.
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 Lends $143.5Mln for 2 Los Angeles-Area Apartments
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 ...
3401 Exposition Drive and 604 Arizona Ave.
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, ...
Hudson Pacific Sells 2 Santa Monica, Calif., Office Properties for $72.5Mln
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. ...
Terra Property Trust Defaults on $28.3Mln Loan Against Santa Monica, Calif., Office Property
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 ...
Sonnenblick-Eichner Arranges $27.4Mln Loan for Construction of Santa Monica, Calif., Retail Center
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. ...
340-Unit Apartment Property Breaks Ground in Santa Monica, Calif.
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 ...
Macerich Put $22Mln into Reserve to Win Extension of Loan on Santa Monica Place
Commercial Real Estate Direct Staff Report Macerich Co. had ponied up $22 million of fresh equity to win the three-year term extension of the $300 million loan against its Santa Monica Place shopping center in Santa Monica, Calif. The REIT, ...
Basis Buys 11 Percent Stake in Santa Monica, Calif., Residential Project
Basis Investment Group has made a $30 million equity investment in the Santa Monica Collection, a proposed residential property that Tishman Speyer is developing in downtown Santa Monica, Calif. The investment gives the New York investment manager an 11 percent ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
