Slatkin brothers dangle $700M recap of 2 Santa Monica hotels

by TRD Staff

Edward and Thomas Slatkin want to recapitalize two beachfront Santa Monica hotels at $700 million to raise cash to build more than 350 branded residences next door. The owners of the 198-room Shutters on the Beach at 1 Pico Boulevard and the 129-room Casa del Mar at 1910 Ocean Way are exploring the capital raise […]This article originally appeared on The Real Deal. Click here to read the full story.

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