Hudson Pacific Properties posts $105M loss, lands extension on billion-dollar Hollywood maturity
Victor Coleman’s Hudson Pacific Properties posted a $105 million loss for the second quarter — worse than the $53 million loss last quarter and the $83 million loss in the same period last year — but it isn’t all bad news for the studio and office owner. Hudson Pacific and its partner Blackstone had a billion dollar maturity this month on a Hollywood office and studio portfolio where Netflix is the star tenant. HPP is in luck and landed an extension, the company announced in its second quarter earnings call on Wednesday — a scenario The Real Deal recently reported […]This article originally appeared on The Real Deal. Click here to read the full story.
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