Santa Monica Developer Offers 23 Properties for Sale surfsantamonica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from surfsantamonica.com Daily Mail and Mail on Sunday newspapers.
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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.