Sep 25, 2026
Hudson Pacific Sells Two San Francisco Properties for $65.5M
Hudson Pacific Properties Inc. (NYSE: HPP) has sold two downtown San Francisco properties, 875 Howard and 899 Howard, for $65.5 million as part of its strategy to dispose of non-core assets and recycle capital. These sales, combined with another disposition, bring Hudson Pacific's third-quarter asset sales to $90.5 million. The company aims to reduce capital requirements and leasing risks associated with highly vacant properties while enhancing financial flexibility.
Company relevance
100.00%
Company sentiment
Somewhat-Bullish
Overall sentiment
Somewhat-Bullish
Sep 17, 2026
Hudson Pacific (HPP) Extends $1.1B Hollywood Loan. Can Leasing Improve?
Hudson Pacific Properties (HPP) has secured an extension for its $1.1 billion Hollywood Media Portfolio mortgage loan until November 9, 2027, with no immediate principal paydown and an unchanged interest rate. The extension includes a reallocation of partnership funds into a $20 million leasing reserve to support improvements and attract tenants. The company aims to improve income through successful leasing, particularly for its office properties, to strengthen its position for future refinancing, though challenges remain with rental economics and financing costs.
Company relevance
100.00%
Company sentiment
Neutral
Overall sentiment
Neutral