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Related California Secures $385M Financing for Santa Monica Project

Related California Secures $385M Financing for Santa Monica Project

Privately-owned real estate firm Related California has secured $385 million in construction financing for 710 Broadway, a mixed-use residential community in Santa Monica, CA. Designed by LARGE Architecture, Marmol Radzinger and Studio-MLA, the development is scheduled to break ground in March, with completion set for late 2025.

710 Broadway will offer 280 rental apartments, including below market rate and affordable units, along with a 30,000-square-foot park, 35,000 square feet of retail and a 55,000-square-foot Vons supermarket. Bank of America is providing the construction financing.

“We are proud to continue our legacy of executing complex developments while expanding our existing footprint in thriving Santa Monica,” said Related California VP Larry Wilkes. “The centralized location offers convenient access to the best of the area – the Pacific Ocean, the mountains, culinary destinations and more – and we look forward to delivering a new hub for the community.”


Inside The Story

Related CaliforniaLARGE ArchitectureMarmol RadzingerStudio-MLA

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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