Hudson Pacific Properties Secures $475M CMBS Financing

Story Highlights
Hudson Pacific Properties Secures $475M CMBS Financing

Hudson Pacific Properties ( (HPP) ) has provided an update.

On March 28, 2025, Hudson Pacific Properties completed a $475 million commercial mortgage-backed securities (CMBS) financing for a portfolio of six office properties. The financing, secured by properties including 11601 Wilshire and Element LA, was facilitated by Goldman Sachs, Morgan Stanley, and Wells Fargo. The proceeds were used to repay a $168 million loan and amounts on the company’s credit facility, enhancing liquidity and financial flexibility. This strategic move, along with recent asset sales, positions Hudson Pacific at a positive inflection point in addressing future maturities, with approximately $815 million in liquidity following the transaction.

More about Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust that specializes in providing end-to-end real estate solutions for tech and media tenants. The company focuses on creating world-class office and studio spaces in global epicenters for tech and media industries, leveraging strategic relationships and expertise in property acquisition, transformation, and development.

YTD Price Performance: 3.85%

Average Trading Volume: 2,808,920

Technical Sentiment Signal: Strong Buy

Current Market Cap: $431.1M

For detailed information about HPP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App