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Hudson Pacific Properties, Inc. 8-K Filings

HPP NYSE

Every 8-K that Hudson Pacific Properties, Inc. (HPP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow HPP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HPP filings page.

Rhea-AI Summary

Hudson Pacific Properties, Inc. (HPP) announced that its operating partnership and affiliates entered into an Extension and Loan Modification Agreement for the $1.1 billion CMBS mortgage financing secured by the co-owned Hollywood Media Portfolio. The agreement, executed with Wilmington Trust as trustee, extends the loans’ stated maturity date to November 9, 2027 with the stated interest rate unchanged and no principal repayment required at closing.

The extension establishes a $20 million reserve for future leasing expenses and capital improvements, funded initially at closing and thereafter by sweeping excess cash flow from the portfolio for ongoing capital and certain operating costs. The 2.2 million-square-foot Hollywood Media Portfolio includes three Hollywood studio lots and five Class A office properties, plus rights to build another 1.1 million square feet. Hudson Pacific holds a 51% interest in the joint venture and entered into a derivative to swap SOFR at 3.50% through maturity, with reported interest expense to include fees and costs associated with the extension and derivative.

Rhea-AI Summary

Hudson Pacific Properties, Inc. reported second-quarter 2026 results with total revenue of $188.3 million and a net loss attributable to common stockholders of $1.62 per share, reflecting a $50.4 million impairment charge.

Core FFO increased to $23.1 million, or $0.35 per diluted share, from $0.27 a year earlier, and FFO improved to $15.6 million, or $0.24 per share. Same-store cash NOI rose 7.5% to $90.2 million as in-service office occupancy climbed to 82.5% and studio stages were 74.6% leased. The company executed 1.3 million square feet of office leases, including an 891,000-square-foot, 24-year deal with the City and County of San Francisco, and ended the quarter with $876.1 million of total liquidity. Full-year 2026 Core FFO guidance was raised to $1.12–$1.20 per diluted share.

Rhea-AI Summary

Hudson Pacific Properties, Inc. reported that its Chief Operating Officer, Andrew Wattula, resigned effective June 18, 2026. Wattula joined the company in 2017 and became COO in 2021. The company states his decision is not related to any financial or accounting issues or disagreements over operations, policies, or practices.

The duties and responsibilities previously handled by Wattula have been reassigned to existing executive officers and other management personnel while the company considers whether to backfill the COO role.

Rhea-AI Summary

Hudson Pacific Properties reported the results of its annual stockholder meeting held on May 28, 2026. All seven nominated directors were elected to serve until the next annual meeting in 2027, with each nominee receiving over 39.9 million votes in favor and 4,953,965 broker non-votes recorded for each director.

Stockholders also approved the ratification of Ernst & Young LLP as independent registered public accounting firm for the 2026 fiscal year, with 47,411,514.68 votes in favor. An advisory resolution approving the company’s executive compensation passed with 41,108,058.91 votes for, 2,103,252.00 against, 40,124.77 abstentions, and 4,953,965.00 broker non-votes.

Rhea-AI Summary

Hudson Pacific Properties reported first-quarter 2026 results showing mixed performance but stronger guidance. Revenue was $181.9 million versus $198.5 million a year earlier, and net loss narrowed to $53.1 million, or $0.82 per diluted share, helped by lower G&A and prior-year impairment charges.

Cash and leasing metrics were key bright spots. The company executed 554,021 square feet of office leases, its in-service office occupancy rose to 77.8%, and Hollywood studio stages reached 97% leased, while new Manhattan stages at Sunset Pier 94 were 100% leased by quarter-end.

Non-GAAP performance and balance sheet remained central to the story. Core FFO was $16.5 million, or $0.25 per diluted share, and FFO was $18.0 million, or $0.27 per share, though AFFO declined to negative $11.1 million, or negative $0.17 per share, largely due to higher recurring capital spending. Liquidity totaled $933.3 million, including $138.0 million of cash and $795.3 million of revolver availability, with net debt to undepreciated book value at 31.9% and all debt fixed or capped at a 4.9% weighted average rate.

The company raised its full-year 2026 outlook. Management increased Core FFO guidance to a range of $1.10 to $1.18 per diluted share, up from $0.96 to $1.06, citing first-quarter outperformance and the reclassification of certain Quixote operations as discontinued beginning in the second quarter.

Rhea-AI Summary

Hudson Pacific Properties reported a challenging but active fourth quarter of 2025, combining heavy non-cash charges with stronger leasing and balance sheet moves. Total revenue rose to $256.0 million from $209.7 million, helped by a large lease termination fee tied to the sale of the Element LA office campus.

Net loss attributable to common stockholders widened to $277.9 million, or $4.31 per diluted share, driven mainly by a $280.8 million non-cash impairment of the Quixote business and other specified items. FFO excluding specified items was $13.6 million, or $0.21 per diluted share, while AFFO turned negative at $(9.1) million, or $(0.14) per diluted share, reflecting higher recurring capital spending and weaker fundamentals.

The company sold Element LA for $150 million and received an additional $81 million lease termination payment, using net proceeds to repay $206 million of CMBS debt and for general purposes. It ended 2025 with $933.6 million of liquidity, net debt to undepreciated book value of 31.9%, and no debt maturities until the third quarter of 2026. Office occupancy finished at 76.3%, with 518,196 square feet of Q4 leasing, and same-store cash NOI declined as average office occupancy fell. For 2026, management issued a full-year FFO outlook of $0.96–$1.06 per diluted share based on 80–82% average in-service office occupancy and modest same-store cash NOI contraction.

Rhea-AI Summary

Hudson Pacific Properties, Inc. announced that longtime director Jonathan Glaser resigned from its board of directors on December 2, 2025 after 15 years of service, citing a desire to focus on other professional commitments and expressing no disagreement with the company. The board promptly appointed Jon Bortz as his successor, effective the same day.

Bortz will also join the board’s Audit and Compensation Committees, filling the roles previously held by Glaser. He will receive compensation under the company’s Non-Employee Director Compensation Plan and is expected to enter into the company’s standard indemnification agreement for non-employee directors. Bortz brings extensive real estate and REIT leadership experience as Founder, Chairman and CEO of Pebblebrook Hotel Trust and from prior senior roles at LaSalle Hotel Properties and Jones Lang LaSalle.

Rhea-AI Summary

Hudson Pacific Properties (HPP) furnished materials on its third‑quarter results for the period ended September 30, 2025. The company provided a press release and supplemental operating and financial data as Exhibits 99.1 and 99.2, respectively.

The information was furnished under Items 2.02 and 7.01 and is not deemed “filed” or incorporated by reference under the Securities Act or Exchange Act. The supplemental information was also made available on the company’s website.

Rhea-AI Summary

Hudson Pacific Properties' operating partnership entered into a Fifth Modification Agreement to its credit agreement on September 10, 2025, creating an Extended Revolving Facility with $462,000,000 of new commitments and increasing total unsecured revolving commitments to $795,250,000. The Amendment sets the maturity date of the Extended Revolving Commitments at December 31, 2028 with two six-month extension options subject to conditions. It also revises several financial maintenance covenants: it modifies the minimum ratio of adjusted EBITDA to fixed charges for quarters ending on or after June 30, 2025; it temporarily reduces the minimum ratio of unencumbered net operating income to unsecured interest expense for quarters ending on or prior to December 31, 2026; and it adds a minimum liquidity covenant requiring at least $125,000,000 of unrestricted cash, cash equivalents and unused revolving commitments at quarter end if aggregate revolver commitments exceed $600,000,000. The filing attaches the Amendment as Exhibit 10.1.

Rhea-AI Summary

Hudson Pacific Properties, Inc. (HPP) reported that director Mark Linehan resigned from the board effective September 11, 2025, stating he will devote more time to other professional commitments and expressing no disagreement with the company. The board appointed T. Ritson Ferguson as his successor effective the same date. Mr. Ferguson will serve on the board and join the Audit Committee, while director Michael Nash will succeed Mr. Linehan as Audit Committee Chair. Mr. Ferguson will be paid under the companys Non-Employee Director Compensation Plan and is expected to enter the standard indemnification agreement for non-employee directors. The filing notes Mr. Ferguson's prior roles at CBRE Investment Management and states there are no reportable related-party transactions or special arrangements surrounding his appointment.