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A group of lenders led by Deutsche Bank AG is recruiting a real estate broker to market Television City.
Hackman Capital Partners is being forced to surrender Los Angeles entertainment properties by its lenders.
KEY POINTS
- Deutsche Bank AG leads a lender group recruiting a broker to sell Television City studio.
- Television City was purchased by Hackman in 2019 for $750 million with a $350 million mortgage.
- These actions come as studio property values fall and demand for space remains weak.
COMPANIES
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