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Sand City Holdings Acquires 25,000 SQFT Shops at Edgewater for $9.45MM in Sand City, 36% Below 2014 Price

A private investor group paid $9.45 million for a fully leased 25,223-square-foot building inside the Edgewater on Monterey Bay shopping center, about 36...

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When Culture and Strategy Integrate to Become Your Brand and Corporate Identity

By Jeff Bosshard, CPM®, President of Multifamily Operations, Woodmont Real Estate Services It would be convenient for me to start this article by...

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FeaturedINDUSTRY newsRetail

West Marine to Shutter Five California Stores in Chapter 11 Restructuring, Cutting Home-State Footprint to 12

West Marine, the boating-supply retailer born in California nearly six decades ago, will close five of its 17 stores in the state as...

Monterey
FinanceHospitalityINDUSTRY news

CIM Group Lands $63MM Refinancing on Oceanfront Monterey Beach Hotel

The whole loan recapitalizes a 192-room Central Coast resort as CIM doubles down on a hospitality lending strategy launched in 2023. CIM Group...

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AECFeaturedFinanceINDUSTRY newsRetail

Montage Health Lands Carmel Rancho Shopping Center for $37.5MM in Move to Build Monterey Peninsula Medical Campus

The nonprofit health system's $37.5MM acquisition of the 77,002-SQFT retail center signals a strategic pivot to convert prime grocery-anchored real estate into a...

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AECCommercialFeaturedINDUSTRY news

MST’s $78MM SURF! Busway Runs Six Weeks Ahead of Schedule in Central Coast’s Marina

The five-mile bus rapid transit corridor and a new Marina transit hub are reshaping the Monterey Peninsula's commercial transportation backbone, with both targeting...

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FinanceHospitalityINDUSTRY newsRetail

55-Key Red Roof Inn & Suites Monterey Hits Market at $11.99MM With Adjacent Retail Component

The 1.59-acre North Fremont Street offering pairs a budget-tier lodging asset with two fully leased commercial buildings minutes from the Monterey Bay Aquarium...

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FinanceHospitalityINDUSTRY newsNews Releases

$75MM Loan Secured to Refinance 341-Room Marriott Monterey Hotel in Monterey

Los Angeles, CA (March 3, 2026) - Sonnenblick-Eichner Company has arranged a $75 million first mortgage loan to refinance the Marriott Monterey hotel...

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CommercialFinanceINDUSTRY news

28,000 SQFT Government-Anchored Monterey Office Complex Seeks $12MM Buyer

Fisher James Capital markets fully leased property featuring 15-year DEA lease and diverse tenant mix across two buildings in Ryan Ranch A fully...

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CommercialFinanceHospitalityIndustrialINDUSTRY newsRetail

Imagery Estate Winery: Wine Group Lists 20-Acre Glen Ellen Property as California Industry Restructures

Historic Sonoma County winery with premium hospitality permits hits market amid sector-wide downturn and corporate portfolio reshuffling The Wine Group is divesting one...

Pacific Grove
AECHospitalityINDUSTRY news

Kimpton Mirador Brings First Full-Service Hotel to Pacific Grove with 99-Room Property

Pacific Grove is set to welcome its first full-service hotel when the Kimpton Mirador opens its doors in January, filling a hospitality gap...

Monterey
FinanceHospitalityINDUSTRY news

69-Room Historic Monterey Hotel Hits Market for $15.9MM as Central Coast Hospitality Shows Signs of Recovery

The boutique property lists amid mixed signals in California's lodging sector A century-old hotel in downtown Monterey has entered the market at a...

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