Newmark Arranges $165 Million Refinancing of Iconic Hollywood Production Campus, Raleigh Studios in CA

August 28, 2025 9:00 AM

Newmark announces the Company has arranged a $165 million loan on behalf of Hackman Capital Partners, Affinius Capital and Raleigh Enterprises, for the refinancing of Raleigh Studios, a 314,940-square-foot production campus located in Hollywood, California. Newmark Co-President of Global Debt & Structured Finance Jonathan Firestone, in cooperation with Vice Chairman Blake Thompson and Director Peter Mavredakis secured the financing, with Wells Fargo as the lead lender and Barclays as co-lender. Co-President of Global Debt & Structured Finance Jordan Roeschlaub also supported the transaction.

Occupying a premier 10-acre site directly opposite Paramount Pictures, Raleigh Studios is the oldest continuously operating film and television production facility in the United States, originally established in 1915. The property has hosted some of Hollywood’s most celebrated talent, including Charlie Chaplin, Douglas Fairbanks and Mary Pickford, and was the production site for Academy Award-winning films such as The Best Years of Our Lives (1946) and In the Heat of the Night (1967).

The campus comprises 13 sound stages ranging from 3,730 to 16,600 square feet, with clear heights up to 40 feet, robust power capacities and high-speed internet. In addition, the property features state-of-the-art office and production support facilities, offering unmatched versatility for productions of any scale.

Raleigh Studios is fully leased to Netflix, Inc. (S&P: BBB+) under a long-term lease with no termination provisions, underscoring the asset’s strategic importance and stability in the heart of Hollywood’s entertainment ecosystem.

“Raleigh Studios is more than a real estate asset, it is a pillar of entertainment history and a critical engine for storytelling in Hollywood,” said Jonathan Firestone, Co-President, Global Debt & Structured Finance. “We are honored to support Hackman Capital Partners, Affinius Capital, and Raleigh Enterprises in advancing the future of this legendary facility.”

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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