LV Lending funds Latino studio
LV Lending, a Miami-based private lender, closed a $12 million loan for the acquisition of Tyler Perry’s 205,751-square-foot studio complex in southwest Atlanta. The renamed Areu Bros. Studio is hailed as the first Latino-owned and -operated major film and television studio in the United States. Ozzie Areu served as president of Tyler Perry Studios for 12 years and has engaged Gloria Estefan as a partner.