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0 0.000154157631316586 -0.00034942396431768 -0.000544690297318774 -0.00105854906837414 -0.0029803808721212 0.00156726925171883 -0.00558050625366131
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Goldman Set to Acquire Historic Radford Lot After Current Owner's $1.1 Billion Default | Report [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Per the outlet, Goldman Sachs is leading a takeover of the famous facility, where “Gilligan's Island” and “Seinfeld” were notably filmed, after refinancing talks between HCP and its lenders failed. “We've made the difficult decision to inform the lenders that we must pause further efforts to complete the restructuring,” Hackman's HCP Studio Fund wrote in a letter to investors, according to Bloomberg. “While disappointing, we do not see a realistic alternative.” Though, Hackman Capital was not ready to publicly wave the flag just yet, telling the outlet on Wednesday: “We are continuing to work with the Radford lenders on a path forward for this asset … This is a challenging time for all suppliers and independent studio owners and operators in the US.” Yet, the company did note that finding a resolution regarding the Radford Studio Center would only help their business. “We have substantial capital behind us,” the company told Bloomberg, “hold 50% of our assets without debt, an Show less Read more
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