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CommercialEntertainmentFinanceIndustry NewsLos Angeles

Goldman Sachs-Led Lenders Set Nov. 24 Foreclosure Auction of Hackman’s 55-Acre Radford Studio Center, Seeking $1.3B

A Goldman Sachs-led lender group has scheduled a Nov. 24 trustee's sale of Hackman Capital Partners' 55-acre Radford Studio Center in Studio City,...

Netflix building
CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Seeks Netflix Extension Past 2031 on 722,000 SQFT of Hollywood Offices as $1B California Film Credit Push Offers Stages a Lift

Hudson Pacific Properties told investors on its third-quarter call that it hopes to reach some resolution with Netflix by year-end on extending the...

Hollywood Hills with the Hollywood sign
CommercialFinanceIndustry NewsLos Angeles

Hudson Pacific Lifts 2026 Outlook as Studio NOI Hits $4.3MM, Even as Losses Reach $1.56B Over 19 Straight Quarters

Los Angeles-based Hudson Pacific Properties raised its 2026 earnings outlook on Nov. 5 as its Hollywood studio business swung back into the black,...

movie theater
EntertainmentIndustry NewsLeasingLos AngelesRetail

Paramount Pictures Takes Over Bay Theater Lease at Caruso’s Palisades Village, Taps The Lot for Year-End Reopening

Paramount Pictures has taken over Netflix's lease on the Bay Theater inside Rick Caruso's Palisades Village, tapping luxury dine-in operator The Lot to...

studio soundstage with cameras and equipment
CommercialFinanceIndustry NewsLos Angeles

Lender Puts Blackstone, Hudson Pacific’s Vacant 240,000 SQFT Sunset Glenoaks Studios in Sun Valley on the Block

Colliers is marketing Sunset Glenoaks Studios, the empty seven-stage production campus Blackstone and Hudson Pacific Properties completed in Sun Valley in 2024, on...

studio soundstage with cameras and equipment
CommercialFeaturedFinanceIndustry NewsLos Angeles

LA Studio Lots Trade Up to 78% Below Boom-Era Prices as Soundstage Occupancy Stalls Near 62%

Los Angeles studio real estate has entered a price-discovery phase, with lots bought at the top of the streaming boom now changing hands...

Culver City skyline
CommercialFinanceIndustry NewsLos Angeles

Culver City Lands $103MM Option to Buy Fortress’ 198,000 SQFT Former Sony Animation Campus

Culver City has secured the exclusive right to buy the vacant former Sony Pictures Animation campus from Fortress Investment Group for $103 million,...

Netflix building
CommercialFinanceIndustry NewsLeasingLos Angeles

Blackstone, Hudson Pacific Secure 15-Month Extension on $1.1B Hollywood Studio Loan Anchored by Netflix

Lenders on the Blackstone and Hudson Pacific Properties Hollywood studio-and-office portfolio have finalized a loan modification that buys the sponsors 15 more months,...

Studio set up
CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Extends $1.1B Loan on Hollywood Studio Portfolio as Production Slump Pressures LA Landlords

Hudson Pacific Properties extended the $1.1 billion loan on its 2.2 million-square-foot Hollywood Media Portfolio to November 2027 without a principal paydown, buying...

Culver City skyline
CommercialFinanceIndustry NewsLeasingLos Angeles

Hackman Capital Defaults on $100MM Loan, Sending 182,000 SQFT Former Sony Animation Campus to Auction in Culver City

Hackman Capital Partners' surrender of its long-vacant Culver City creative-office trophy to a Goldman Sachs-backed lender deepens a year of distress that has...

Studio interior
CommercialEntertainmentFeaturedIndustry NewsLeasingLos Angeles

Nine TV Productions Win $121MM in Tax Credits as LA Soundstages Sit One-Third Empty

California awarded $121.3 million in film and television tax credits to nine new television series on Aug. 10, steering $608 million in production...

Hollywood sign seen through palm trees
FeaturedFinanceIndustry ContributorsIndustry NewsLos Angeles

Ready for My Close-Up, Mr. Bonta

David Ellison says he'll pull Paramount out of California—and maybe sell the storied Melrose lot—unless a dozen attorneys general drop their antitrust suit....

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