Los Angeles Business Journal Online: "The Los Angeles city government is stepping in to help save plans for a reconstruction of the Kodak Theatre so the home of the Oscars can accommodate Cirque du Soleil’s 10-year Hollywood-themed show.
L.A. developer CIM Group, which co-owns and operates the Kodak at Hollywood & Highland, is seeking a $30 million loan from the city to replace a private financing deal that collapsed in the capital market meltdown."
1 comment:
30 million to save Cirque du Soleil deal? 30 million
to save CIM from a breach of contract lawsuit would be more likely. Is this the same CIM with over a billion dollars in assets in a real estate fund?
Post a Comment