New film company Broad Green Pictures has acquired all U.S. rights to 99 Homes, the real estate drama starring Andrew Garfield and Michael Shannon.
Broad Green, which is paying in the $3 million range for the film, is planning to release 99 Homes in spring 2015 with an accompanying awards run. 99 Homes, also starring Laura Dern, made its world premiere at the Venice Film Festival before playing in both Telluride and Toronto.
Ramin Bahrani, the award-winning filmmaker behind Man Push Cart, directed and wrote the film, a hard-hitting look at America’s economic woes (often referred to as the 99/1 percent divide). Hyde Park produced the movie with ImageNation and is representing international rights.
99 Homes stars Garfield playing a construction worker who loses his home to foreclosure. Desperate to protect his family, he eventually finds work with the real estate broker who took his house and soon is not only evicting homeowners but helping the man embezzle money from the government. While his financial worries disappear, his conscience begins to break him down.
CAA brokered the deal with Broad Green, which was co-founded by brothers Daniel and Gabriel Hammond (the latter is a successful hedge fund manager). Broad Green also backed Toronto title Learning to Drive, which it will likewise release. That film stars Patricia Clarkson and Ben Kingsley.
Bahrani and Garfield produced 99 Homes alongside Hyde Park’s Ashok Amritraj and Justin Nappi.
