Broadway Financial: Silver Point Capital's $85M Loan Fuels North Broadway Media Campus Growth
- Silver Point Capital provided an $85 million bridge loan to refinance the North Broadway Campus studio in Yonkers, New York.
- The North Broadway Campus will enhance production capabilities for diverse content creators, including Lionsgate and Mediapro US.
- Silver Point Capital's investment underscores its commitment to evolving media infrastructure and sustainable development in the industry.
Strategic Financing for Media Infrastructure: A Spotlight on Silver Point Capital's Latest Loan
In a notable development within the media and entertainment industry, Silver Point Capital announces it has provided an $85 million bridge loan to a joint venture comprising Great Point Studios and National Resources. This significant financial maneuver aims to refinance the North Broadway Campus studio located in Yonkers, New York. The facility, which covers 112,000 square feet, includes two expansive 20,000-square-foot studios and a smaller 10,000-square-foot studio, in addition to office space and parking accommodations. The strategic importance of this campus grows with its upcoming long-term lease to Lionsgate and Mediapro US, a key player in the Spanish-language production market, slated to begin in mid-2026.
This transaction highlights Silver Point Capital’s commitment to supporting media-focused infrastructure projects through its Direct Lending division. With over $16 billion in investable assets under management, Silver Point Capital has established itself as a leader in providing tailored financing solutions to middle-market companies. The partnership with Great Point Studios and National Resources underscores more than a decade of collaboration, showcasing Silver Point's ability to adapt to the evolving needs of the media sector. Anthony DiNello, Head of Direct Lending, emphasizes the firm's flexible mandate, which enables it to effectively address various financing requirements, including mergers, acquisitions, and refinancing efforts.
The North Broadway Campus represents a vital investment in the future of film and television production, particularly in a region known for its historical ties to the industry. Great Point Studios specializes in creating state-of-the-art facilities tailored for media production, while National Resources brings its expertise in sustainable real estate development to the project. This collaboration not only reinforces the infrastructure necessary for modern media production but also supports the broader economic landscape of the New York metro area, which continues to thrive as a cultural and creative hub.
In addition to the bridge loan, this project signals a growing trend among investors to capitalize on the expanding media landscape, particularly in light of the increasing demand for diverse content. Silver Point Capital’s strategic investment reflects a recognition of the evolving dynamics within the entertainment industry and a commitment to fostering innovation in media infrastructure.
As the partnership unfolds, the joint venture aims to enhance the production capabilities within the New York area, catering to a diverse range of content creators. The emphasis on sustainability and redevelopment by National Resources further aligns with current industry trends, ensuring that the North Broadway Campus not only serves immediate production needs but also stands as a model for environmentally conscious development in media.
