NMS Properties


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From left: Alan, Adam, and Alex Shekhter, with renderings of 501 Broadway and 601 Colorado (Credit: WS Communities and LinkedIn)

Shekhters’ WS Communities lands $157M loan to build 850 rental units in Santa Monica

Investment and development firm WS Communities has scored $157 million in financing for the development of 849 rental units...

Shekhters’ WS Communities lands $157M loan to build 850 rental units in Santa Monica
Neil Shekhter (Photos by Kevin Scanlon)

The Closing: NMS Properties’ Neil Shekhter stages his comeback

UPDATED, 8:05 a.m., Feb. 5:  Successful immigrants and developers share at least one quality: optimism, an unshakeable belief that...

The Closing: NMS Properties’ Neil Shekhter stages his comeback
Lightstone’s Eugene Rozovsky, Neil Shekhter and a rendering of 1650 Lincoln Boulevard

Lightstone provides $44M loan to Shekhter-owned WS Communities

UPDATED, Sept. 25, 3:52 p.m.: Multifamily developer WS Communities has secured a $44 million loan to refinance two development...

Lightstone provides $44M loan to Shekhter-owned WS Communities
Santa Monica files criminal charges against Neil Shekhter’s son for tenant harassment

Santa Monica files criminal charges against Neil Shekhter’s son for tenant harassment

More controversy is swirling around the Shekhter family. A Santa Monica city attorney alleges that Adam Shekhter — Neil...

Santa Monica files criminal charges against Neil Shekhter’s son for tenant harassment
Neil Shekhter handed another defeat in court battle with AEW

Neil Shekhter handed another defeat in court battle with AEW

The courts have dealt Neil Shekhter of NMS Properties another blow in his Herculean fight against hedge fund AEW...

Neil Shekhter handed another defeat in court battle with AEW
Embattled developer plans 89-unit resi complex in Westside

Embattled developer plans 89-unit resi complex in Westside

Developer Neil Shekhter isn’t letting his legal troubles stop his construction plans. The founder and CEO of NMS Properties,...

Embattled developer plans 89-unit resi complex in Westside
Fire breaks out at SaMo building involved in Neil Shekhter and AEW’s legal battle

Fire breaks out at SaMo building involved in Neil Shekhter and AEW’s legal battle

A fire damaged a Santa Monica apartment building that is part of a legal battle between developer Neil Shekhter’s firm...

Fire breaks out at SaMo building involved in Neil Shekhter and AEW’s legal battle
Developer Neil Shekhter must cough up $6M for AEW’s legal fees

Developer Neil Shekhter must cough up $6M for AEW’s legal fees

A Los Angeles judge indicated that she would deny Santa Monica developer Neil Shekhter’s bid to avoid paying $6...

Developer Neil Shekhter must cough up $6M for AEW’s legal fees
The trials and tribulations of Neil Shekhter

The trials and tribulations of Neil Shekhter

From the April issue: Neil Shekhter was once known first and foremost as the kingpin of the largest apartment...

The trials and tribulations of Neil Shekhter
Neil Shekhter will have to give up disputed 9 buildings to AEW: ruling

Neil Shekhter will have to give up disputed 9 buildings to AEW: ruling

Santa Monica Neil Shekhter will have to cede control of nine Westside multifamily properties to AEW Capital Management as...

Neil Shekhter will have to give up disputed 9 buildings to AEW: ruling
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