#neil-shekhter

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therealdeal.com
1 month ago
LA real estate

Madison Realty Supersizes LA Multifamily After Acquisition

Madison Realty Capital is reconfiguring a former project at 6401 Wilshire Boulevard with plans to add 65 units, bringing the total to 177 units.
Madison acquired a significant portion of Neil Shekhter's properties through deeds-in-lieu, with Hankey Capital helping to refinance some sites. [ more ]
therealdeal.com
2 months ago
LA real estate

Neil Shekhter Loses More Santa Monica Apartment Buildings

Neil Shekhter has lost more properties, this time to foreclosure.
Bank of Southern California foreclosed on three properties after Shekhter's firm, WS Communities, lost nearly half its portfolio. [ more ]
therealdeal.com
3 months ago
LA real estate

WS Communities Loses Control of 50% of Its Portfolio

Neil Shekhter has lost about half of WS Communities' portfolio to lenders, signing deeds-in-lieu of foreclosure on 28 properties in L.A. County.
Madison Realty Capital, Lightstone Capital, and Hankey Capital have taken control of the majority of the properties. [ more ]
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