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Real Estate Rumors: Rockwood, AIG, Spottswood

By Andrew McIntyre ( March 19, 2019, 5:13 PM EDT) -- Rockwood Capital has picked up a Santa Monica, California, office building for $58 million, a figure that includes assumption of debt, according to a report from The Real Deal on Tuesday and additional information from seller Sorgente Group of America. The deal is for the Santa Monica Clock Tower Building, an art deco building that has 12 stories, Real Deal reported. Sorgente Group bought the 53,500-square-foot building for $34 million in 2013, according to the report....

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