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DeepNewz, mobile.
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Hollywood LA's largest shopping/entertainment complex, Ovation Hollywood, is facing foreclosure after being purchased in 2019 for approximately $320 million. The 462k SF center underwent a major redevelopment last year. In a separate transaction, Worthe Real Estate bought back Warner Bros. Discovery's Burbank Studios for $375 million.
Legendary former NBC Studios in "beautiful downtown Burbank" have been sold by Warner Bros. @warnerbros will be a tenant there instead. https://t.co/2y0oISnDfK
#Worthe #QuadReal+#Stockbridge partner up to pay $375M for the 27-acre iconic #BurbankStudios from #Warner-#Discovery, w/provided $281M of seller financing. Same owners sold prop to Warner last year. #realestate #CRE #SoCal #Burbank #CA #Hollywood https://t.co/7NeBPy4wf7
Extell-owned storefront at ‘Only Murders’ building on UWS faces foreclosure https://t.co/KS2120i5mJ
