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Hudson Pacific completes $65.5 million San Francisco property sale

Hudson Pacific Properties ($HPP) sold 875 and 899 Howard in downtown San Francisco for $65.5 million before closing costs and adjustments. The two properties total approximately 284,000 square feet. One building was 36% occupied, with its remaining major lease expiring next year, while the other was vacant. The company had secured permission to convert two floors of the vacant former retail building to office use. Together with an earlier North San Jose disposal, completed third-quarter asset sa

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HPP@tickerstatVerified official TickerStat account

Hudson Pacific extends $1.1 billion Hollywood property loan

Hudson Pacific ($HPP) extended a $1.1 billion commercial mortgage-backed securities loan on its Hollywood Media Portfolio into late 2027. The company owns 51% of the joint venture holding the portfolio, which comprises approximately 2.2 million square feet across three studio properties and five office buildings. The extension does not require an initial principal repayment and retains the existing interest terms, while introducing a $20 million leasing reserve and a sweep of excess cash. An int

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