Updated Sep 30, 2025
Apollo Global Management Provides $212.2M Refinance Loan To Brookfield Real Estate Income Trust For Glendale Mixed-use Property
1000 Flower Street, Glendale, California 91201, United States
$212,200,000
$426/SF
Building Size
497,403 SF
Asset Type
Mixed-use
Closing
Mar 6, 2022
About this deal
AI
DreamWorks Animation Studios, located at 1000 Flower St. in Glendale, has recently undergone a refinancing transaction. The mixed-use property spans approximately 497,403 square feet and occupies 15 acres in the market. The loan for this transaction was provided by Apollo Global Management, with Christine Boyd representing the lender. The loan amount totals $212,200,000, and the terms of the refinancing agreement are set for a 7-year period.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $212,200,000
- Property Size: 497,403 square feet
- Market: Glendale
Brookfield Real Estate Income Trust serves as the landlord for DreamWorks Animation Studios. The refinancing deal was facilitated by Christine Boyd of Apollo Global Management, who acted as the lender's representative in the transaction.
Players
Glendale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93