Entertainment & Content Creation Real Estate Virtual Forum
May 26, 2021
Wednesday, May 26th, 2021
IMN’s Entertainment & Content Creation Real Estate Investment Forum
IMN is organizing an inaugural event where Film, TV and studio communities will get together with the real estate investment community for the first time in a deal making event.
Please see below for an outline of the discussion topics.
1:00 PM (Eastern Time) Entertainment & Content Creation Real Estate 101
Overview of markets with significant demand for creative production spaces: which existing markets have room for growth? Which emerging markets are attracting investment?
How is supply keeping up with demand in these markets?
Breakdown of the different property types and uses that fall into this nascent asset class: sound stages/studios, office, indoor/outdoor, high rise etc.
What is the outlook for tenant growth and vacancy rates across property type? Are there new production companies that will be looking for space?
What strategies are being employed for growth in this sector?
Municipality incentives: what can this do for the local economy?
Brian Abers, Managing Partner (Captiva Partners)
Gannon Murphy, General Manager (Cinelease Studios)
Ari Rastegar, Chief Executive Officer (Rastegar Equity Partners)
2:05 PM (Eastern Time) Equity & Debt Financing
Who is playing in the film and TV production real estate space now? What do terms look like currently?
To what extent are you using public financing for film studio projects? How are you underwriting deals involving government financing?
How does the process for securing financing differ for partnerships vs. single equity sources?
How are institutional investors, high-net worth individuals, sovereign wealth and pension funds approaching this asset class?
Due diligence and valuations for film production studios
Derreck Barker, Senior Director - Regional Head SW Office (Nuveen)
Jesse Goepel, Principal (Square Mile Capital)
2:55 PM (Eastern Time) Production Facility Construction, Development & Adaptive Re-Use
Where do you see the biggest opportunities for ground-up development of film production studios in the coming year?
Buying entitled vs. unentitled land: what is your strategy and timeline?
What types of communication and documentation management technology do your teams use?
Where do you encounter challenges in getting all stakeholders on the same page?
Who is providing financing for construction and adaptive re-use projects? What debt structures and programs are available?
What terms do PE investors require for providing capital for new construction?
Which functional systems are essential for producing content? How are these implemented?
What challenges are there with repositioning a property for film production?
Case studies of industrial/other commercial buildings being converted into sound stages