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Goldman Sachs Takes Over Iconic LA Studio After Default

1/15/2026

26 2 Full Breakdown

Summary

Story summary

Goldman Sachs Group Inc. is spearheading a takeover of the Radford Studio Center in Los Angeles after Hackman Capital Partners defaulted on a $1.1 billion mortgage.
The studio, known for filming Gilligan’s Island and Seinfeld, is being returned to lenders following unsuccessful negotiations to modify the loan.
In 2021, the property was appraised at $1.8 billion.

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Story summary

Goldman Sachs Group Inc. is spearheading a takeover of the Radford Studio Center in Los Angeles after Hackman Capital Partners defaulted on a $1.1 billion mortgage.
The studio, known for filming Gilligan’s Island and Seinfeld, is being returned to lenders following unsuccessful negotiations to modify the loan.
In 2021, the property was appraised at $1.8 billion.