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California  + Los Angeles  + Finance  | 

Hollywood’s Raleigh Studios Nabs $165M Refi

Newmark arranged a $165-million loan on behalf of Hackman Capital Partners, Affinius Capital and Raleigh Enterprises to refinance Raleigh Studios, a 314,940-square-foot production campus located in Hollywood. Originally built in 1915 and reportedly the oldest continuously operating film and television production facility in the U.S., the campus is fully leased to Netflix.

Co-president of Global Debt & Structured Finance Jonathan Firestone, in cooperation with vice chairman Blake Thompson and director Peter Mavredakis, secured the financing, with Wells Fargo as lead lender and Barclays as co-lender. Co-president of Global Debt & Structured Finance Jordan Roeschlaub also supported the transaction.

“Raleigh Studios is more than a real estate asset, it is a pillar of entertainment history and a critical engine for storytelling in Hollywood,” said Firestone. “We are honored to support Hackman Capital Partners, Affinius Capital and Raleigh Enterprises in advancing the future of this legendary facility.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
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