This Week's Bay Area Deal Sheet

The biggest deals in the Bay Area this week.

TPG Extends Loan On Life Sciences Portfolio After Value Drop

TPG has triggered the first of two one-year extensions on a Goldman Sachs securitised loan.

New York City Office Visits Top Prepandemic Levels

Office visits in New York City surpassed prepandemic levels for the first time last month, with visits up 1.3% this July compared to July 2019.

Worldwide Plaza, With $1.2B In Troubled Debt, To Be Auctioned Off

The tower lost $1.4B in its most recent appraisal, triggering losses to bondholders of its CMBS debt.

REPORT: Netflix In Talks To Buy LA's Radford Studio Center For Discount

The property last sold for $1.85B, but Netflix is reportedly discussing a sale price less than a third of that.

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Netflix To Buy Storied Hollywood Studio At 78% Price Cut

Radford Studio Center is being bought for $400M. It was appraised at $1.8B in 2021.