[[{“value”:”
**Silvercup Studios Secures $280M Refinancing from Deutsche Bank and Apollo**
Silvercup Studios, the prominent film and television production complex with locations in Long Island City and the Bronx, has secured a $280 million refinancing package ahead of a looming loan maturity. The refinancing deal was arranged by a joint venture between Hackman Capital Partners and Affinius Capital, the current owners of the multi-campus facility.
The new loan was provided by Deutsche Bank and Apollo Global Management, both of which had previously backed the original $500 million acquisition of Silvercup Studios in 2020 with $323 million in financing.
Newmark’s Global Debt & Structured Finance division played a key role in arranging the debt, with co-presidents Jordan Roeschlaub and Jonathan Firestone leading the effort.
Silvercup Studios comprises 23 soundstages and spans a total of 240,000 square feet, with an additional 265,000 square feet dedicated to office and production-support space. The property includes three campuses: 295 Locust Avenue in the Mott Haven section of the Bronx, opened in 2016, and two facilities in Long Island City — 42-22 22nd Street, opened in 1983, and 34-02 Starr Avenue, opened in 1998.
“}]]
