Posts Tagged ‘Santa’
Trader Joe’s Buys Former Rite Aid In Santa Monica For $22M
Trader Joe’s just made a pricey Santa Monica land play, snapping up a former Rite Aid along Wilshire Boulevard as it continues to expand in Southern California and scoop up drugstore boxes left behind by bankrupt chains.The Monrovia, Californ...
Santa Monica Developer Pushes for Palisades to Secede from LA
Faced with fire damage, frozen permits and a City Hall she says can’t scale, a Pacific Palisades developer has made a radical pitch a year after the destruction: break away from Los Angeles.Santa Monica-based developer and reality TV alum Ela...
$23 Million Santa Monica Home Sale Tops City’s Charts
It took until nearly the end of the year, but Santa Monica has a new market leader in 2025.A home at 2555 La Mesa Drive sold for just shy of $23 million on Dec. 11, knocking two single-family homes, which each went for $14.6 million, off their ...
Pimco, Witkoff Firm Default on Santa Monica Apartments Loan
Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica. The delinquent loan is connected to The Park Santa Monica, a 249-unit residential...
Santa Monica eyes bold turnaround plan amid financial troubles
It’s been a rough few years for Santa Monica.Businesses have abandoned its once-thriving downtown. Its retail and office vacancy rates are among the highest in Los Angeles County. The crowds that previously packed the area surrounding the ci...
Santa Clara County regional housing indicators
Why this matters: Available local economic data serves to inform brokers and agents, enabling them to better serve their clients during the post-pandemic years of a real estate recession. While this condition follows a decade of constantly decl...
