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Film News Roundup: Lionsgate Completes Financing for Studio in Yonker, New York

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07.07.2020 - 12:52

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By Dave McNary Film Reporter In today’s film news roundup, Lionsgate’s new studio is getting final financing, “American Nurse’ is getting re-released, Sony is launching Kid Zone and the SAG-AFTRA Foundation’s relief fund has given out $1 million. STUDIO FINANCING Lionsgate, Great Point Capital Management and real estate company National Resources have secured a $40 million loan from CIT Bank to complete financing for Lionsgate’s film-TV studio complex in Yonkers, N.Y.

Plans for the 100,000-square-foot production center were unveiled last year with GPC and National Resources building for Lionsgate, which will be the long-term anchor tenant and will retain naming rights.

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