This isn’t the holiday discount Macerich had in mind. The 523,139-square-foot Santa Monica Place shopping mall in Santa Monica, Calif., saw a big drop in value at its latest appraisal, according to ...

Santa Monica’s Third Street Promenade once hosted with multitudes of shoppers, people watchers and patrons of street performers a couple of blocks from the beach. Though an estimated 10 million people ...

Locally-based shopping mall behemoth Macerich Co. has defaulted on the $300 million mortgage loan it has for the Santa Monica Place, ultimately returning it to the lender and bidding farewell to the ...

Macerich has an episode of déjà vu, after a $300 million loan on its Santa Monica Place mall goes to special servicing — the second time in two years. The loan on the 527,000-square-foot mall is ...

SANTA MONICA, Calif. -- A modern building is being proposed to replace a strip mall in Santa Monica. It's on the corner of Santa Monica Boulevard and Yale Street. First, the project has to get the ...

DOWNTOWN — The performances were impressive but the ending was kind of predictable at Tuesday's City Council meeting. Council voted quickly and unanimously to approve the first new Downtown Santa ...