News

Bray Wyatt On His Favorite Nickname, WWE Purchases New Building

Bray Wyatt recently spoke with The Daily Journal to promote the SmackDown Live event at the BankcorpSouth Arena on Monday. You can check out the full interview here along with some highlights below.

His favorite nickname: “I have clung on to ‘The Eater of Worlds’ more than all the rest because that’s one Dusty Rhodes gave me. He’s a lot like myself as far as not being in the general mold and cookie cutter. He was his own entity and larger of the life. When people met Dusty, they didn’t meet a man, they met something more. And not to toot my own horn, but I like to think I carry my own mystique as well.”

Making a name for himself: “I don’t really view myself as a legacy, I am my own thing. When I was a child, all I wanted to do was get here some day at some point because I had so much to say and things I wanted to accomplish. Not because someone before me did, but because I had my own message.”

WWE recently released a 8-K SEC filing, which can be seen below. It states that the WWE Real Estate division has purchased a property at 88 Hamilton Avenue in Stamford, CT.

“On September 14, 2016, World Wrestling Entertainment, Inc. (the “Company”) acquired, through WWE Real Estate Holdings, LLC a wholly-owned special purpose subsidiary (“WWE Real Estate”), a building and underlying real property located at 88 Hamilton Avenue in Stamford, Connecticut (the “Purchased Property”) from one of the debtors in the Chapter 11 bankruptcy proceedings of Newbury Common Associates, LLC and certain of its affiliates (Case No. 15-12507 in the United States Bankruptcy Court for the District of Delaware). The Company has been one of the tenants in the Purchased Property for approximately 16 years. In connection with the acquisition, WWE Real Estate entered into a Note and Mortgage Assumption Agreement, dated as of September 13, 2016 (the “Assumption Agreement”), with Hamilton and Wilmington Trust, National Association, as trustee for the registered holders of Wells Fargo Commercial Mortgage Trust 2015-NXS2, Commercial Mortgage Pass-Through Certificates, Series 2015-NXS2 (the “Lender”). Pursuant to the Assumption Agreement, WWE Real Estate paid the Lender approximately $1.9 million as a bring current payment and assumed future obligations under a Loan Agreement, dated June 8, 2015, between the seller and the Lender (the “Loan Agreement”), in the principal amount of $23 million, which loan is secured by a mortgage on the Purchased Property. As part of this debt assumption, the Company executed a Joinder By and Agreement of New Indemnitor (the “Joinder”) pursuant to which the Company agreed to guarantee limited recourse obligations of WWE Real Estate (as described in Section 10.1 of the Loan Agreement) and to certain limited indemnification obligations. The loan bears interest at the rate of 4.5% per annum and requires monthly payments of interest only until June 2018 and $116,537.62 per month thereafter, with a balloon payment on maturity in July 2025. There is a significant yield maintenance premium for prepayments. WWE Real Estate also paid $2 million to the seller, and assumed its interest as landlord under existing leases of the Purchased Property (including the landlord’s interests in leases under which the Company is a tenant).”

Still Real To Us

Share
Published by
Still Real To Us

Recent Posts

AEW Star Apologizes For Dropping The Ball On Mercedes Mone

Mercedes Mone has been on quite the journey over the last few years as she…

8 hours ago

Former WWE Champion Rules Out Possible Return For Match With John Cena

Next year will be John Cena's final year as an active in-ring competitor as he's…

10 hours ago

Backstage Reaction To The Motor City Machine Guns Joining WWE

For years now the Motor City Machine Guns have been one of the top teams…

11 hours ago

John Cena Teasing Match With Top WWE Star?

2025 is going to be a big year for John Cena as the 16 time…

11 hours ago

Surprising WWE Name Possibly Returning To The Ring

Over the years many wrestlers have come and gone and from time to time there…

12 hours ago

Possible Date For First WWE Saturday Night’s Main Event In 2025

The return of WWE Saturday Night's Main Event is upon us as the show is…

13 hours ago