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Advanced Real Estate Buys Costa Mesa Apartments for $234M
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CAA s Michael Ovitz Sells Long Beach Multifamily for $58M
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VanEd Introduces South Carolina Real Estate Pre-Licensing Courses
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NMS Properties’ Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC)
In what looks to be the largest development portfolio offering in Santa Monica in a generation, WSC Communities will put 23 mostly entitled mixed-use sites on the market next month,
The Real Deal has learned.
Marketing the land after the city of Santa Monica already greenlighted over 2,100 apartments on the sites is a stunning turn for WSC, which is controlled by the family of prominent Westside landlord Neil Shekhter. The company spent years assembling the parcels and securing entitlements, in a seaside city that even by Southern California standards is notoriously difficult to develop in.