secwatch.observer — SEC 8-K summary
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Issuer:     Hudson Pacific Properties, Inc. (HPP)
CIK:        0001482512
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001482512-23-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hudson Pacific Q4 2022 net loss $12M; FFO $0.49/diluted; 2023 guidance $1.77-$1.87
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- Total revenue $269.9M (+12.2% YoY), net loss $12.0M ($0.09 diluted) vs net income $8.1M in Q4 2021.
- FFO excluding items $70.2M ($0.49/diluted) down from $79.6M ($0.52); same-store cash NOI up 2.7% to $126.9M.
- Leased 517k sq ft in 76 deals; office portfolio 88% occupied, 89.7% leased; studio 84.6% leased.
- Sold two office properties: 6922 Hollywood ($96M) and Skyway Landing ($102M after quarter).
- 2023 FFO guidance $1.77-$1.87/diluted; $1B liquidity; 85.1% fixed/capped debt; weighted avg maturity 4.1 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482512/000148251223000045/0001482512-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482512/000148251223000045/hpp-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001482512-23-000045

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