Goldman Sachs Group is saying “action” to the acquisition of a historic Los Angeles studio lot. The New York-based firm is leading a takeover of the Radford Studio Center at 4024 Radford Avenue in Studio City after owner Hackman Capital Partners defaulted on a $1.1 billion mortgage, Bloomberg reported. Details around the deal, including price, were not disclosed. The property was last appraised in 2021 at $1.8 billion and includes 1.2 million square feet of studio space, Urbanize Los Angeles reported. The method of acquisition on Goldman’s end is still being determined by both sides. Parties are reportedly discussing handing […]
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