Prominent LA landlord Neil Shekhter passes away
Los Angeles
Nov 26, 2024

Family mourns prominent LA landlord Neil Shekhter

Soviet-era immigrant went from taxi driver to owning 2,400 apartments.
Madison Realty unveils proposed apartment highrise in Santa Monica
Los Angeles
Oct 23, 2024

Madison Realty unveils proposed apartment highrise in Santa Monica

Former builder’s remedy project in Neil Shekhter’s portfolio would feature 422 units
Developer Neil Shekhter’s Bel Air Crest mansion trades for $15M
Los Angeles
Sep 25, 2024

Developer Neil Shekhter’s Bel Air Crest mansion trades for $15M

Galpin Ford heir buys Mediterranean-style home that originally listed for $27M
Gortikov Capital lands $50M refi for Brentwood apartment complex
Los Angeles
Jun 20, 2024

Gortikov Capital lands $50M refi for Brentwood apartment complex

Gortikov snags bridge loan from Ready Capital on former Shekhter-owned property
Madison Realty Eyes 24-Story Apartment Tower in Santa Monica
Los Angeles
May 16, 2024

Madison Realty proposes 24-story apartment tower in Santa Monica

NY lender took over site from multifamily landlord Neil Shekhter in December
WS Communities to Sell Santa Monica Apartment Portfolio
Los Angeles
May 8, 2024

Neil Shekhter’s WS Communities looks to sell a third of its LA apartments

Firm hires JLL to market 399-unit Santa Monica portfolio
Bank of SoCal Lists Santa Monica Apartments for Sale
Los Angeles
Apr 19, 2024

Bank of Southern California puts Neil Shekhter portfolio up for sale

Once one of LA's largest landlords, now three of his distressed Santa Monica properties are listed
Madison Realty Supersizes LA Multifamily After Acquisition
Los Angeles
Mar 18, 2024

Madison Realty supersizes Beverly Grove multifamily after acquisition

Firm plans to add 65 luxury apartments at site developed by Neil Shekhter
Neil Shekhter loses three more Santa Monica apartment buildings
Los Angeles
Mar 4, 2024

Neil Shekhter loses three more Santa Monica apartment buildings

Bank of Southern California forecloses on 24-unit portfolio
Veritas and WS Communities Grapple With Default
National
Jan 20, 2024

The Distress Record: Two of California’s biggest landlords hit hard

WS Communities and Veritas grapple will billions in defaults
WS Communities Loses Control of 50% of Its Portfolio
Los Angeles
Jan 18, 2024

Shekhter’s WS Communities loses half its portfolio to lenders after $1.1B in defaults

Madison Realty, Lightstone, Hankey take over more than 850 units and development sites
WS Communities Sells LA Westside Apartments for $76M
Los Angeles
Jan 2, 2024

Neil Shekhter’s firm sells LA Westside apartments to FPA Multifamily

WS Communities divests more than 10% of its portfolio in $76M, three-property sale
Shekhter’s WS Communities Defaults on Hankey Capital Loan
Los Angeles
Dec 12, 2023

Shekhter’s WS Communities defaults on Hankey Capital loan

Santa Monica parcel tied to debt could face foreclosure at end of January
Lawsuit Seeks Receiver, Sale of Shekhter-Owned Apartments
Los Angeles
Oct 24, 2023

Lawsuit seeks sale of Shekhter-owned apartments in West LA after default

Ladder Capital alleges NMS Properties defaulted on $15M loan tied to three complexes