Hudson Pacific Properties has bought more time on one of the largest loans in its portfolio, extending a $1.1 billion commercial mortgage-backed securities loan tied to its Hollywood studio assets until November 2027 without making a principal paydown at closing. The...
Kingsbarn Realty Capital has paid $105 million to acquire the Class A office building 1601 Vine Street in the Hollywood submarket of Los Angeles. The 115,000-square-foot property – which has five levels of underground parking – was developed by JH Synder Company in...
Grammy-winning singer John Mayer and filmmaker McG have teamed up to purchase the historic Jim Henson Company studio property in Hollywood. The Hollywood Reporter announced the sale, although the purchase price was not disclosed. Nor is it certain how Mayer and McG...
The Jim Henson Company has denied rumors that it is selling its historic Hollywood studio lot to the Church of Scientology. Deadline reported the company – which owns the rights to the Muppets characters – has pushed back at reports that circulated in several media...
One of Hollywood’s most iconic entertainment industry properties could soon be listed for sale if a major corporate acquisition is secured. Bloomberg reported the historic 65-acre Paramount Pictures studios facility would be sold if Sony Group Corp. (NYSE:SONY) and...