Troubled Santa Monica Place Gets New Management
Bisnow
April 4, 2025, 2:19 am
Prism Places is now the property manager of Santa Monica Place, the 527K SF retail center that Macerich previously owned. Macerich defaulted on a $300M loan on the property last year. Trigild, the court-appointed receiver that assumed control of the mall last month, brought Prism Places on board, according to a release.
