Netflix
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,...
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,...
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...
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...
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...
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....
Hudson Pacific, Blackstone’s $1.1B Hollywood Studio Loan Lands in Special Servicing Ahead of Maturity
The $1.1 billion CMBS loan backing Hudson Pacific Properties and Blackstone's marquee Hollywood studio-and-office portfolio has been handed to a special servicer just...
Bardas Tops Out $450MM Echelon Studios in Hollywood, Betting 90,000 SQFT of Offices and Five Stages on a Production Rebound
Bardas Investment Group has topped out Echelon Studios Hollywood, the $450 million urban studio campus replacing a shuttered Sears on Santa Monica Boulevard,...
Deutsche Bank Syndicate Moves to Sell Hackman’s Television City in Los Angeles as Debt Hits $357MM
A lender group led by Deutsche Bank has filed a notice of default on Hackman Capital Partners' Television City studio in Los Angeles,...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Netflix Closes $400MM Purchase of 1.1MM-SQFT Radford Studio Center From Goldman Sachs in Studio City
Netflix has completed its acquisition of the historic Radford Studio Center in Studio City from a Goldman Sachs-led lender group for $400 million,...
Sophia Hollywood Apartments Trade for $16MM, Setting Hollywood Per-Unit Price Record
The 28-unit Class A property at 1759 N. Gower Street fetched roughly $571,500 per unit, the neighborhood's strongest pricing in more than three...
