Radford Lot to Be Turned Over to Lenders After Hackman Defaults (Report)

Hackman Capital Partners is expected to cede ownership of Radford Studio Center, the historic L.A. production facility, to lenders after defaulting on a $1.1 billion mortgage, Bloomberg reported Wednesday. Hackman, the world’s largest independent studio owner, reportedly told investors last month that it had suspended negotiations to restructure the debt on the 55-acre site, and […]