{"id":31757,"date":"2016-09-15T17:10:05","date_gmt":"2016-09-15T22:10:05","guid":{"rendered":"http:\/\/www.pwtorch.com\/site\/?p=31757"},"modified":"2016-09-15T17:10:05","modified_gmt":"2016-09-15T22:10:05","slug":"wwe-officially-acquires-building-houses-tv-production-facility","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2016\/09\/15\/wwe-officially-acquires-building-houses-tv-production-facility\/","title":{"rendered":"WWE officially acquires building that houses TV Production Facility"},"content":{"rendered":"<div id=\"pwtor-1575621181\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p>WWE has officially acquired the building and real estate property in Stamford, Conn. that houses their TV production facility.<\/p>\n<p>WWE filed a 117-page document with the SEC on Thursday detailing the property transaction acquiring the property located at 88 Hamilton Ave. in a bankruptcy sale from the previous owner.<\/p>\n<p>WWE was a tenant of the property for the past 16 years before acquiring the entire building and land for $26.9 million under its subsidiary of &#8220;WWE Real Estate Holdings, LLC.&#8221;<\/p>\n<p>The transaction breaks down as WWE paying the seller $2.0 million, paying the lender $1.9 million to assume financial obligations, and setting up a new building loan of $23 million.<\/p>\n<p>The loan matures in July 2025, where WWE will be required to make a balloon payment.<\/p>\n<p>The &#8220;note and mortgage assumption agreement&#8221;\u00a0was executed on September 13 and the building\/land was officially acquired on Sept. 14 before WWE filed the SEC document on Sept. 15.<\/p>\n<p>&#8211; <a href=\"http:\/\/api40.10kwizard.com\/cgi\/convert\/pdf\/WWE-20160915-8K-20160913.pdf?ipage=11141197&amp;xml=1&amp;quest=1&amp;rid=23&amp;section=1&amp;sequence=-1&amp;pdf=1&amp;dn=1\" target=\"_blank\">Full Details on the agreement reported to the SEC<\/a>.<\/p>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-2858671321\"><div id=\"pwtor-449767054\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>WWE has officially acquired the building and real estate property in Stamford, Conn. that houses their TV production facility. WWE filed a 117-page document with the SEC on Thursday detailing the property transaction acquiring the <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2016\/09\/15\/wwe-officially-acquires-building-houses-tv-production-facility\/\" title=\"WWE officially acquires building that houses TV Production Facility\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":1239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[71,3825],"class_list":["post-31757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news_wwe","tag-wwe","tag-wwe-real-estate"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/2015\/10\/WWELogo_3x2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/31757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=31757"}],"version-history":[{"count":1,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/31757\/revisions"}],"predecessor-version":[{"id":31758,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/31757\/revisions\/31758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/1239"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=31757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=31757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=31757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}