Developer Neil Shekhter's Bel Air Crest mansion trades for $15MNeil Shekhter has reduced his property holdings, selling a mansion for $15 million after significant price reductions.
Neil Shekhter Loses More Santa Monica Apartment BuildingsNeil 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.
Developer Neil Shekhter's Bel Air Crest mansion trades for $15MNeil Shekhter has reduced his property holdings, selling a mansion for $15 million after significant price reductions.
Neil Shekhter Loses More Santa Monica Apartment BuildingsNeil 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.
Madison Realty Supersizes LA Multifamily After AcquisitionMadison 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.