<\/p>\n
Hackman<\/a>, the world\u2019s largest independent studio owner, reportedly told investors last month that it had suspended negotiations to restructure the debt on the 55-acre site, and is expected to turn over the facility to Goldman Sachs<\/a>.<\/p>\n Studio owners have struggled to lease space due to a sharp downturn in film and TV production volume since 2022. Bloomberg reported that revenue from the property covered just 21% of Hackman\u2019s debt service costs on the property as of last June.<\/p>\n In a statement to Variety, Hackman said it is working with the banks on a resolution.<\/p>\n \u201cWe are continuing to work with the Radford lenders on a path forward for this asset,\u201d a spokesperson said. \u201cThis is a challenging time for all suppliers…<\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" 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\u2019s largest independent studio owner, reportedly told investors last month that it had suspended negotiations to restructure the debt on the 55-acre site, and […]<\/p>\n","protected":false},"author":2,"featured_media":2235462,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2235461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/01\/Radford-Lot-to-Be-Turned-Over-to-Lenders-After-Hackman.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2235461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2235461"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2235461\/revisions"}],"predecessor-version":[{"id":2235463,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2235461\/revisions\/2235463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2235462"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2235461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2235461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2235461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}