Updated Sep 2, 2026
Lynne Ward And Robert Halmi Secure $435 Million Refinancing For Hollywood On The Hudson In Yonkers
28 Wells Avenue, 29 Wells Avenue, 104–108 Warburton Ave, 104 Warburton Avenue, 108 Warburton Avenue, 1050 North Broadway & 130 Fernbrook Street
$435,000,000
Building Size
—
Asset Type
Commercial
Closing
Sep 2, 2026
About this deal
AI
A partnership between National Resources, Great Point Studios Operations, and Lindsay Goldberg secured a refinance of a commercial property involving Hollywood on the Hudson, which consists of a 719,943-square-foot film and TV studio portfolio located at 28-29 Wells Avenue, 104-108 Warburton Avenue, 1050 North Broadway, and 130 Fernbrook Street in Yonkers, N.Y.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $435,000,000
- Lender: Bank of Montreal, Starwood Mortgage Capital & Bank of America
- Landlord: Lynne Ward - National Resources, Robert Halmi - Great Point Studios Operations & Lindsay Goldberg
- Loan Type: Refinance
This refinancing transaction was a collaboration among key players in the industry, including Lynne Ward representing National Resources, Robert Halmi associated with Great Point Studios Operations, and Lindsay Goldberg contributing to the partnership's effort in securing such a substantial loan amount for the studio portfolio.
Players
Avenue Commercial Market Snapshot
Boundary boundary · Commercial · Loan transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93