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Hudson Pacific Properties

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CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Winds Down Quixote, Weighs Sunset Glenoaks Exit and Pulls 130,000 SQFT Fourth & Traction Offline in LA Reset

Hudson Pacific Properties used its third-quarter call to lay out what it is shedding, emptying and rebuilding in Los Angeles: the wind-down of...

Netflix building
CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Seeks Netflix Extension Past 2031 on 722,000 SQFT of Hollywood Offices as $1B California Film Credit Push Offers Stages a Lift

Hudson Pacific Properties told investors on its third-quarter call that it hopes to reach some resolution with Netflix by year-end on extending the...

Hollywood Hills with the Hollywood sign
CommercialFinanceIndustry NewsLos Angeles

Hudson Pacific Lifts 2026 Outlook as Studio NOI Hits $4.3MM, Even as Losses Reach $1.56B Over 19 Straight Quarters

Los Angeles-based Hudson Pacific Properties raised its 2026 earnings outlook on Nov. 5 as its Hollywood studio business swung back into the black,...

FeaturedFinanceIndustry NewsLos AngelesResidentialSan Diego

Office REITs Hand Their Land to Housing Builders as Kilroy Puts $185MM of Sites Under Contract

Kilroy Realty now has $184.5 million of former office and life science land under contract to residential buyers across four Southern California sites,...

studio soundstage with cameras and equipment
CommercialFinanceIndustry NewsLos Angeles

Lender Puts Blackstone, Hudson Pacific’s Vacant 240,000 SQFT Sunset Glenoaks Studios in Sun Valley on the Block

Colliers is marketing Sunset Glenoaks Studios, the empty seven-stage production campus Blackstone and Hudson Pacific Properties completed in Sun Valley in 2024, on...

studio soundstage with cameras and equipment
CommercialFeaturedFinanceIndustry NewsLos Angeles

LA Studio Lots Trade Up to 78% Below Boom-Era Prices as Soundstage Occupancy Stalls Near 62%

Los Angeles studio real estate has entered a price-discovery phase, with lots bought at the top of the streaming boom now changing hands...

office building facade
CommercialFinanceIndustry NewsLos Angeles

Acore Moves to Foreclose on GPI’s Vacant 230,000 SQFT West End Office Campus Over $82.5MM Debt

GPI Companies' West End, the 230,000-square-foot creative office conversion of the former Westside Pavilion Macy's, is headed toward foreclosure after lender Acore Capital...

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...

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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...

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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...

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