Appraisal points to $81M haircut at Hollywood & Highland

by TRD Staff

Ovation Hollywood, a 387,000-square-foot office-retail hub along the Hollywood Walk of Fame, has lost a quarter of its value since the pandemic. The five-story center at 6801 Hollywood Boulevard best known as Hollywood & Highland was appraised at $257 million, 24 percent less than its $338 million value in 2019, Bisnow reported, citing Morningstar. The […]This article originally appeared on The Real Deal. Click here to read the full story.

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