Tribune Sells Original Warner Brothers Studio To Hudson Capital
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It is funny that the one of the first moves that the Tribune Company has made since being acquired by Sam Zell is a commercial real estate sale. But that is what he has done by selling the property that KTLA-TV is using and was the original home of the Warner Brothers Studios.
The property in Los Angeles was sold for 125 million dollars and is expected to provide capital for the purchase of buying 6 other properties in downtown Los Angeles. Did anyone tell Sam Zell that the Tribune is a media company?
Hudson Capital, which owns Sunset Gower Studios a few blocks away, completed the expected purchase from Tribune, Hudson managing partner Victor Coleman said. Chicago-based Tribune owns KTLA, the Los Angeles Times and other media outlets.
It was the first major sale of Tribune property since Chicago real estate mogul Sam Zell took over the company last month. via the Los Angeles Times.
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
The part about the inventory is right on but in my area they are mostly low end and beat up ...
I worked for this man, he is a great con man and has done this in more than States then ...
You're right. If you come from Central Jersey (as the Boss and I do), you go to Florida at some ...
Maybe it was kryptonite...
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By Mike ...
I couldn't agree more.
The newspaper has always "stuck" it to the real estate agent with rates that were much higher ...
By the way, homeowners trying to get short sale approval should be aware that lenders are comparing the initial loan ...
Ouch! Thankfully I haven't come across anything like that yet. We normally don't have situations like that in ...
well, the guy was here illegally.
serves him right. 
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