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Real Estate/Development

Jul. 5, 2012

Real Estate Deals

New-York based Madison Square Garden Co., owner of the New York Knicks and Madison Square Garden, announced last week that it's purchasing the Forum.


DEALMAKERS

Gibson Dunn advises in arena acquisition


New-York based Madison Square Garden Co., owner of the New York Knicks and Madison Square Garden, announced last week that it's purchasing the Forum, the former home of the Los Angeles Lakers and Los Angeles Kings, from Inglewood-based Forum Enterprises Inc. for $23.5 million. A Madison Square Garden Co. spokesman said the Forum would undergo a $50 million renovation later this yea...

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