Maguire stages dramatic $646 million comeback.

Summary


Maguire Partners and its founder, developer Robert Maguire

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Maguire stages dramatic $646 million comeback.

Long-beleaguered developer Robert Maguire has come roaring back from the brink of insolvency, securing at least $646 million in new loans over the past few weeks.

Maguire, most recently in the news because of his financial difficulties related to the Playa Vista site where DreamWorks SKG wants to build its studio, says nearly $1 billion in additional loans are in the works - and more.

M...

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