Madison Realty unveils proposed apartment highrise in Santa Monica
October 23, 2024, 6:28 pm
Madison Realty acquired the site in January from NMS Properties, renamed WS Communities by owner Neil Shekhter, which signed over deeds-in-lieu of foreclosure on 28 apartment buildings and development sites to unburden itself of $1.1 billion in unpaid debt, according to The Real Deal.
