Welcome to our dedicated page for Hudson Pacific news (Ticker: HPP), a resource for investors and traders seeking the latest updates and insights on Hudson Pacific stock.
Hudson Pacific Properties reports news as a real estate investment trust focused on office and studio properties for technology and media tenants. Company updates commonly cover quarterly results, office leasing and occupancy, same-store cash NOI, FFO outlook, asset sales, capital transactions and operating trends across its office and studio segments.
Recurring announcements also address Sunset Studios leasing, Quixote operating changes and cost optimization, preferred stock dividends, dividend tax treatment and executive participation in real estate industry conferences. The company’s news flow centers on portfolio performance, tenant demand, capital discipline and the economics of tech and media real estate.
Hudson Pacific Properties (NYSE: HPP) has successfully amended and extended its unsecured revolving credit facility. The amendment initially increases borrowing capacity to $795 million from $775 million, maturing at year-end 2026. Subsequently, the company will have access to $462 million in permitted borrowings through year-end 2029, including two six-month extension options.
The facility maintains its current interest rate of SOFR plus 115-160 basis points and annual fee of 15-30 basis points. Key covenant modifications include increasing the minimum EBITDA to fixed charges ratio to 1.5x and implementing a $125 million minimum liquidity requirement when borrowings exceed $600 million.
Hudson Pacific Properties (NYSE: HPP) announced the appointment of T. Ritson Ferguson to its Board of Directors, effective September 11, 2025. Ferguson, currently an Independent Investment Committee Member of CBRE Investment Management Listed Real Assets, brings over 30 years of REIT sector and investment management experience.
The company also announced the retirement of Director Mark D. Linehan, who has served on the board since the company's IPO. Linehan's 14-year tenure included advising on multiple transformative transactions and helping navigate challenging market conditions.
Hudson Pacific Properties (NYSE:HPP), a real estate solutions provider for tech and media tenants, has declared its third quarter 2025 dividend for Series C cumulative preferred stock. The company will pay $0.296875 per share, equivalent to an annual rate of $1.18750 per share. The dividend will be paid on September 30, 2025 to preferred stockholders of record as of September 19, 2025.
Hudson Pacific Properties (NYSE: HPP) has successfully completed a $285 million refinancing of its 1918 Eighth property in Seattle's Denny Triangle. The new five-year, interest-only loan features a fixed rate of 6.16% and will mature in August 2030.
The 668,000-square foot Class A office tower, which is 99% leased and owned 55% by Hudson Pacific through a joint venture, used the proceeds to repay its portion of a previous $314.3 million loan due in December 2025. This refinancing marks the completion of addressing all of Hudson Pacific's 2025 debt maturities.
Hudson Pacific Properties (NYSE: HPP) reported Q2 2025 financial results, highlighting 1.2 million square feet of office leases signed in 1H25, including 558,000 sq ft in Q2. The company posted a net loss of $83.1 million ($0.41 per share) and FFO of -$11.2 million (-$0.05 per share). Key metrics include:
Total revenue decreased to $190.0 million from $218.0 million year-over-year, while same-store cash NOI declined to $87.1 million from $104.1 million. The company maintains strong liquidity of $1.0 billion, including $236.0 million in cash and $775.0 million in undrawn credit facility capacity. The in-service office portfolio ended at 75.1% occupied and 76.2% leased.
Management provided Q3 2025 FFO guidance of $0.01 to $0.05 per diluted share and reported significant progress in portfolio stabilization, particularly benefiting from AI investments in west coast markets.
Hudson Pacific Properties (NYSE: HPP), a real estate solutions provider for tech and media tenants, announced the reduction of its Board of Directors from 10 to 8 members. Directors Ebs Burnough and Christy Haubegger voluntarily resigned as part of the company's efforts to create a more efficient board structure.
CEO and Chairman Victor Coleman emphasized that the streamlined board maintains necessary experience while supporting ongoing corporate cost management initiatives. He also highlighted potential opportunities from California's increased film and TV production incentives and AI investment in the company's primary markets.
[ "Board size reduction from 10 to 8 members supports corporate cost management", "Company positioned to benefit from California's increased film and TV production incentives", "Portfolio locations positioned to benefit from AI investment" ]Hudson Pacific Properties (NYSE: HPP), a provider of real estate solutions for tech and media tenants, has scheduled its second quarter 2025 financial results release for August 5, 2025, after market close. The company will host a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET on the same day. Investors can access the live audio webcast through the Investors section of Hudson Pacific's website, with a replay available after the call.