Wall Street's Red Hot Real Estate Play: Film and TV Soundstages.

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    • Abstract:
      Meanwhile, Lionsgate partnered with investment fund Great Point Capital Management and real estate firm National Resources in 2019 to be a minority investor and the anchor tenant in a $100 million studio complex going up in Yonkers, 20 minutes outside Manhattan. THE REPORT Not too long ago, before the pandemic, some real estate investors may have shunned studio lots over fears they would be left with idle or underused shooting stages. Jason Hariton, chief real estate officer for the MBS Group, a division of Hackman Capital, says that major studio operators increasingly are aiming to be a one-stop shop as projects shoot domestically and abroad. [Extracted from the article]
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