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Hackman Capital Faces $258M Default
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Hackman Capital Faces $258M Default
Hackman Capital Partners has defaulted on a $257.6M loan from Deutsche Bank tied to its MBS Media Campus in Manhattan Beach and could be facing foreclosure. The notice of default and election to sell under deed of trust was recorded with Los Angeles County on June 5. It’s the latest link in a chain of lenders' actions on Hackman’s entertainment industry-serving properties, which are feeling the impact of the slowdown in filming and television p…
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