Markets · California & the US · Market view
Our home market: California.
No co-ownership interest is offered or sold in the United States.
Why Californiagrounds the brand.
The operator's standards
Santa Monica is where MFC's standards for design, build quality, and client care are set. The bar a coastal California buyer expects is the bar we carry into every market we work in.
Design sensibility
Warm Californian editorial: natural light, natural materials, real photography, disciplined numbers. The look of Tessaic is the look of its home coast.
The diaspora bridge
California holds one of the largest Cambodian communities outside Cambodia. Tessaic is built for people with a foot in both places: California standards, Cambodian execution.
California market data.
Market commentary only. Not an offer of any security or co-ownership interest in the United States.
Santa Monica values
Santa Monica's median home sale price stood at 1.75 million dollars in October 2025, easing 10.5 percent from a year earlier in a cooling coastal market (Santa Monica Daily Press).
$1,750,000
median sale price, Oct 2025 · source: Santa Monica Daily Press
Westside rental market
Westside Los Angeles apartments ran at roughly 92.6 percent occupancy in mid-2024, with one-bedroom rents around 2,300 to 2,600 dollars a month across 2024-2025 (RentCafe and CoStar data via Santa Monica Daily Press and Apartments.com).
92.6%
occupancy, mid-2024 · source: RentCafe via Santa Monica Daily Press
Five-year appreciation
Santa Monica home prices appreciated about 15 percent across 2018 to 2023, the patient, supply-constrained pattern typical of the coastal Westside (Santa Monica Daily Press).
15%
2018-2023 · source: Santa Monica Daily Press
Coastal Westside value trend
Market commentary only. Not an offer of any security or co-ownership interest in the United States.
Live co-ownership is in Cambodia.
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