Silver Point Capital Funds $85 Million for New Yonkers Studio Project
Silver Point Capital, a prominent firm in credit investing, has made headlines by granting an $85 million bridge loan to a collaboration of Great Point Studios and National Resources. This financial move aims to refinance the North Broadway Campus studio located in Yonkers, New York, marking a significant development in the media production landscape.
The North Broadway Campus is a state-of-the-art facility spanning 112,000 square feet. It houses two expansive studios of 20,000 square feet each and an additional 10,000 square foot studio, complemented by generous office space and ample parking. The venue is positioned to cater to high-profile productions, having secured long-term leases with industry giants Lionsgate and Mediapro US, a leading player in Spanish-language media, starting from mid-2026.
Anthony DiNello, the Head of Direct Lending at Silver Point Capital, expressed enthusiasm about the partnership, noting, “We are thrilled to partner again with National Resources and Great Point Studios on this exciting new studio, extending a relationship we have had for over a decade.” This collaborative effort illustrates the robust connection between Silver Point and its partners, aimed at transforming the Yonkers area into a hub for creative media production.
About the Companies Involved
Great Point Studios
Great Point Studios is known for its focus on investing in essential film and television infrastructure, providing the backbone required for successful media productions. With a commitment to fostering creativity and supporting the entertainment industry, Great Point continues to play a crucial role in the evolution of media production spaces.
National Resources
National Resources (NRE) boasts over three decades of expertise in design and construction within the New York metropolitan area. Renowned for their capability in real estate development, NRE specializes in redeveloping corporate and industrial sites with an emphasis on sustainability, effectively blending modern needs with eco-conscious practices. Their extensive experience reinforces the viability and ambition of projects like the North Broadway Campus.
Silver Point Capital
Founded in 2002, Silver Point Capital has grown into a global leader in credit investing, overseeing an impressive $39 billion in investable assets. The firm’s Direct Lending arm focuses on providing tailored financing solutions to middle-market enterprises across various industries. By building strong partnerships with borrowers and understanding their unique business requirements, Silver Point ensures quick and reliable access to capital, facilitating diverse transaction types including mergers, refinancings, and growth funding.
Conclusion
The $85 million loan for the North Broadway Campus is a strategic initiative that illustrates the ongoing commitment of investors like Silver Point Capital to foster growth in the media sector. As Great Point Studios and National Resources move forward with this project, the Yonkers community can expect to see enhanced creative capacity, contributing significantly to the local economy and the broader entertainment industry.
For more details about Silver Point Capital and their ongoing projects, visit
www.silverpointcapital.com.