Financing

dreamworks

Starwood, Blackstone Partner to Save Office Complex

Greenwich, Connecticut-based Starwood Capital has brought in Blackstone as a partner to save its investment in the 1.7-million-square-foot Pacific Shores Center office complex in Redwood City, Calif. The partners are now looking for a $275 million mortgage to get rid of the property’s overdue debt. Read More

Will Spielberg, Geffen Walk From Dreamworks?

Peter Bart reports in today's L.A. editions of Variety that Viacom chief Sumner Redstone's relationship with Steven Spielberg and David Geffen is going south.

According to his report-which relies on unnamed sources-the duo could walk in 15 months if their relationship with Mr. Redstone, whose purchase of Dreamworks through Paramount was regarded as Read More