Santa Monica
International Workplace Group Expands California Presence with 12 New Flexible Workspace Centers
International Workplace Group (IWG) is expanding its California footprint with 12 new state-of-the-art flexible workspaces across the state, bringing the company’s total presence...
Benedict Canyon Equities Buys 192-Unit Fairmont Apartments in Woodland for $41MM
By The Registry Staff An apartment complex in the Sacramento region has changed hands, showing that the area continues to attract attention from...
PRG Hospitality Pays $16.65MM to Buy 35-Room Carmel Hotel
Santa Monica, Calif. (May 13, 2024) – PRG Hospitality Group, a leading investment firm specializing in boutique hotels in California, has acquired a...
Leap Development’s 127-Unit Residential Project in San Francisco Faces Default on $10MM Loan
By The Registry Staff A development site in San Francisco is facing potential foreclosure after the developer was issued a notice of default,...
BXP Slightly Outperforms Market Expectations in Q4 But Sees Tepid Demand Across West Coast Markets
Despite the prevailing negative sentiment towards the commercial real estate sector, BXP has emerged as a beacon of resilience and performance in the...
WeWork Initiates Lease Renegotiations Nationwide with 400 Landlords; Here Are the West Coast Lease Closures
By The Registry Staff WeWork, the once high-flying office space-sharing giant, is set to make its first appearance in U.S. bankruptcy court as...
RentCafe Report: U.S. Apartment Construction Projected to Remain High Until 2025, West Coast Cities Among Top 20 for Multifamily Deliveries
By Kate Snyder Across the United States, 2023 is shaping up as a new peak year for apartment construction as developers are expected...
Snap Inc. in Discussions for 30,000 SQFT in San Francisco Office Space
By The Registry Staff Snap Inc., the parent company of Snapchat, has once again altered its real estate plans. After withdrawing from its...
McWhinney Acquires Historic 13-Acre Cal Neva Resort in Tahoe for $58MM
(Editor’s Note: The sale price was approximately $58 million, according to a report by the Mercury News.) Entrepreneur Hayes Barnard joined as Lead...
Bozzuto Expands to the West Coast to Meet Demand For Luxury Management
By Catherine Sweeney After its founding more than 33 years ago, Bozzuto, a property management company based in Maryland, is making its way...
Macerich Obtains $950MM Liquidity Position through Sale, Stock Offering and Credit Facility
SANTA MONICA, Calif., March 26, 2021 — Today, the Macerich Company (NYSE: MAC, the “Company”) announced certain major capital events and other updates. Through March 25,...
Five Point Holdings and Macerich End Plans to Develop Candlestick Point Mall in San Francisco
By Meghan Hall After months of delay, Santa Monica, Calif.-based Macerich Companies and Five Point Holdings, a California master developer spin-off company of...
