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Landmark Theatres Gets No Offers At Charles Cohen Foreclosure Auction But Lender Fortress Bid $5 Million For Curzon
No bids for Landmark Theaters but Charles Cohen lender Fortress bid $5 million for U.K. cinema chain and distributor Curzon at a foreclosure auction.
Creditor Fortress was the only bidder for a handful of properties owned by Charles Cohen at a foreclosure auction Friday that saw the lender offer $5 million for U.K.’s arthouse theater chain and distributor Curzon. There were no bids for Landmark Theatres, a person familiar with the situation tells Deadline, and we hear it will stay with Charles Cohen and could be business as usual. Fortress lent Cohen $534 million backed by a handful of properties including Landmark and Curzon and sued him earlier this year for default.
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