Reported Oct 28, 2026 · Source: Hoodline
The Santa Monica Clock Tower, the century-old Art Deco landmark that once stood as the city's tallest building, has sold for $28.5 million. That is roughly half of what its previous owner paid for it in 2019. Office vacancy is the culprit, per Hoodline.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at Hoodline. What the article says:
The Santa Monica Clock Tower, the century-old Art Deco landmark that once stood as the city's tallest building, has sold for $28.5 million — roughly half of what its previous owner paid for it in 2019.
The buyer is connected to Simon, Daniel and Joseph Mani, who are behind Mani Brothers Real Estate Group in West Hollywood, according to The Real Deal, which first reported the sale.
Rockwood Capital, the prior owner, had purchased the tower from Sorgente Group of America for $58 million in 2019, according to the report — though a separate account from Santa Monica Mirror places that purchase in 2018.
Article date: 2026-10-29T00:35:23.000Z
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