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Netflix building
CommercialFinanceIndustry NewsLeasingLos Angeles

Blackstone, Hudson Pacific Secure 15-Month Extension on $1.1B Hollywood Studio Loan Anchored by Netflix

Lenders on the Blackstone and Hudson Pacific Properties Hollywood studio-and-office portfolio have finalized a loan modification that buys the sponsors 15 more months,...

Studio set up
CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Extends $1.1B Loan on Hollywood Studio Portfolio as Production Slump Pressures LA Landlords

Hudson Pacific Properties extended the $1.1 billion loan on its 2.2 million-square-foot Hollywood Media Portfolio to November 2027 without a principal paydown, buying...

finance graphic showing movement. up and down
CommercialEntertainmentFinanceIndustry NewsLos Angeles

Hudson Pacific’s Hollywood Studio Slump Keeps Common Dividend Suspended Into a Second Year

The Los Angeles-based office and studio landlord has withheld its common dividend since September 2024, and the slump in demand at its Hollywood...

Studio interior
CommercialEntertainmentFeaturedIndustry NewsLeasingLos Angeles

Nine TV Productions Win $121MM in Tax Credits as LA Soundstages Sit One-Third Empty

California awarded $121.3 million in film and television tax credits to nine new television series on Aug. 10, steering $608 million in production...

Financial graph with downward trend
CommercialEntertainmentFinanceIndustry NewsLos Angeles

Hudson Pacific, Blackstone’s $1.1B Hollywood Studio Loan Lands in Special Servicing Ahead of Maturity

The $1.1 billion CMBS loan backing Hudson Pacific Properties and Blackstone's marquee Hollywood studio-and-office portfolio has been handed to a special servicer just...

Los Angeles skyline
CommercialEntertainmentIndustry NewsLeasingLos Angeles

Hudson Pacific Doubles Down on West LA as Hollywood Stages Hold at 96% and Quixote Losses Narrow

Hudson Pacific Properties is concentrating its Los Angeles leasing push on a recovering West Los Angeles market while its Quixote studio restructuring narrows...

office space graphic
CommercialIndustry NewsLeasingLos Angeles

Waters Kraus Paul & Siegel Doubles L.A. Footprint with 10,000 SQFT Lease at Brentwood’s 11601 Wilshire

A national plaintiffs' law firm has more than doubled its Los Angeles presence, signing a 10,000-square-foot lease at Hudson Pacific Properties' 11601 Wilshire...

Studio interior
AECCommercialIndustry NewsLeasingLos Angeles

Bardas Tops Out $450MM Echelon Studios in Hollywood, Betting 90,000 SQFT of Offices and Five Stages on a Production Rebound

Bardas Investment Group has topped out Echelon Studios Hollywood, the $450 million urban studio campus replacing a shuttered Sears on Santa Monica Boulevard,...

Executives falling with fire in background
CommercialFinanceIndustry ContributorsIndustry News

The Art of the Quiet Exit, A Hudson Pacific Story

Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...

Studio with cameras lights and other set up
CommercialFinanceIndustry NewsLos Angeles

Netflix Closes $400MM Purchase of 1.1MM-SQFT Radford Studio Center From Goldman Sachs in Studio City

Netflix has completed its acquisition of the historic Radford Studio Center in Studio City from a Goldman Sachs-led lender group for $400 million,...

Studio with cameras lights and other set up
CommercialFeaturedIndustry NewsLeasingLos Angeles

Hudson Pacific’s Sunset Studios Bets on Smartphone Dramas to Refill Hollywood Soundstages

Hudson Pacific's Sunset Studios is converting an 8,000-square-foot Hollywood soundstage into permitted, prebuilt sets aimed at smartphone-first vertical dramas, a bet that short-form...

UCLA campus in Los Angeles
AECFeaturedIndustry NewsLeasingLife ScienceLos Angeles

UCLA Clears Environmental Hurdle for 1.35MM-SQFT Westside Pavilion Conversion Into Research Hub

The university's adaptive reuse play to convert a dead mall into a multidisciplinary science campus moves into formal CEQA review, with a public...

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