relationship

9050 Washington Boulevard — acquisition, financing, default, lender takeover, and City negotiation

2026 2021-2026 2021 acquisition clarified by primary records; reported 2026 lender takeover completed; 2026 sale/closing date chronology unresolved; City provided negotiating instructions September 14, 2026; no completed City acquisition established
At a glance

Primary seller and buyer records establish the January 2021 acquisition chain for the former Sony Pictures Animation campus: H&R Real Estate Investment Trust reports selling 9050 W. Washington Boulevard on January 25, 2021 for US$165 million, and Hackman Capital Partners announced the next day that it and Square Mile Capital Management acquired the campus. A Goldman Sachs-originated note later entered default in 2026; reporting identifies CF CC Investor LLC in the enforcement chain and Fortress Investment Group as the later takeover party. Sources agree on a roughly $71-$71.3 million foreclosure/trustee-sale outcome but conflict on whether the sale/auction occurred August 24, August 26, or closed September 10. Culver City's September 14 agenda names CF CC Investor LLC as negotiation counterparty, and the City Attorney's public report-out states negotiating instructions were provided regarding the property.

Property acquisition / financing / default / lender takeover / municipal negotiation relationship Primary H&R seller filing and Hackman buyer announcement for 2021 acquisition; direct City agenda evidence and multiple contemporaneous 2026 real-estate sources
What the record shows

Key facts

Amount
$71-$71.3 million reported 2026 foreclosure acquisition / credit bid
Address
9050 Washington Boulevard, Culver City, CA 90232
Financial context
H&R sold the campus in January 2021 for US$165 million to Hackman Capital Partners / Square Mile Capital Management. The debt later entered default in 2026; reporting places CF CC Investor LLC in the enforcement chain and Fortress in the later takeover. Sources agree on a roughly $71-$71.3 million foreclosure/trustee-sale result but do not agree on the exact 2026 transaction date. The City separately negotiated concerning the property.
Documented amounts
US$60.3 million H&R reported May 2004 acquisition cost · US$165 million H&R reported January 2021 sale price · $103-$104 million reported 2026 debt/note balance · $71-$71.3 million reported Fortress foreclosure acquisition / credit bid · $53.5 million reported post-sale mortgage
Apn
4206-021-019
Cf Cc Investor Fortress Relationship
Exact shared headquarters/office address documented; ownership/control/affiliate relationship not established.
Evidence

Sources

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Context note

The earlier acquisition chronology no longer remains wholly unresolved. H&R's Q1 2021 report identifies January 25, 2021 as the sale date and a US$165 million disposition; Hackman's January 26, 2021 announcement identifies Hackman Capital Partners and Square Mile Capital Management as the acquirers. H&R also reports acquiring the property in May 2004 for US$60.3 million and repaying approximately US$13 million in associated mortgages at the 2021 closing. Later 2026 Los Angeles Business Journal reporting described a 2019 Hackman/Affinius acquisition for $160 million; because that conflicts with the contemporaneous primary seller and buyer records, CCR preserves it as conflicting later reporting rather than the canonical date. Los Angeles Business Journal and Avison Young 2021 market reports use the address formulation 9094 and 9050 Washington Boulevard, while the primary transaction sources use 9050; both addresses are preserved. The separate 2026 foreclosure-date discrepancy remains unresolved. The CF CC Investor LLC/Fortress link is strengthened by exact shared-address evidence: CF CC Investor LLC's LEI-listed headquarters matches Fortress's official New York office address, but the sources reviewed do not establish ownership, control, parentage, nominee status, agency, or affiliate status.