Atlanta will continue to grow as a major production hub with the addition of BlueStar Studios, a 53-acre campus now under construction in nearby Forest Park, Ga., that will start operations in the summer of 2023.
The project represents a total investment of $180 million. Development will continue in phases through 2024. Atlanta-based Gala Media Capital, a division of private equity firm Peachtree Group, originated the financing for construction of phase one of the studio development.
Read more in Variety.
Lionsgate and Roadside Attractions have taken North America to the Nicolas Cage feature The Surfer which received a six-minute standing ovation at Cannes following its midnight section premiere. A 2025 theatrical release is planned. Read more on Deadline.
There is a record amount of debt maturities in 2024 at close to $1T, and another $1T over the next two years, notes Greg Friedman CEO Peachtree Group.
In this interview with Schwab Nework, he discusses commercial real estate and how the market is still pricing in 50BPS of cuts between now and the end of the year, and its increasingly looking like faith rather than “data driven.”
Watch the full interview here.
.jpg)
Greg Friedman, CEO of Peachtree Group, joins CNBC’s ‘The Exchange’ to discuss how the lending slowdown is creating opportunity for private credit.