Boasting a prime location directly on the beach opposite its enchanting Hamptons-inspired kin, Shutters on the Beach, this is Santa Monica's most ... but it seems Casa Del Mar has finally come ...

(Bloomberg) -- The owners of Shutters on the Beach and Casa del Mar, popular hotels in Santa Monica, California, are exploring a capital raise to develop branded residences on adjacent land.

Located at the start of Pico Boulevard, on a sandy plot abutting the boardwalk and its more sophisticated sibling, Casa Del Mar (its only real competitor here), this fabulous Los Angeles beach ...