Highest-materiality recent filing
Hudson Pacific Q2 Core FFO $0.35 (+30% YoY); occupancy up 470 bps; guidance raised
Core FFO $0.35 per diluted share, up 30% from $0.27; FFO $0.24 vs $(0.38) loss.
COO Andrew Wattula resigns from Hudson Pacific Properties; duties reassigned
Andrew Wattula resigned as COO effective June 18, 2026; no financial or accounting issues cited.
Hudson Pacific Properties annual meeting: all proposals passed
All seven director nominees elected; highest vote was T. Ritson Ferguson with 42.9M for.
Hudson Pacific posts Q1 net loss $53.1M but raises FY Core FFO outlook to $1.10-$1.18
Total revenue $181.9M (down from $198.5M YoY); net loss $53.1M vs $74.7M YoY.
HPP Q4 net loss $277.9M; FFO ex-items $0.21; provides 2026 FFO outlook $0.96-$1.06
Total revenue $256.0M vs $209.7M YoY, lifted by $81M lease termination fee from Element LA sale.
Hudson Pacific Properties appoints Jon Bortz to Board; Jonathan Glaser resigns after 15 years
Jonathan Glaser resigned from Board effective Dec 2, 2025; no disagreement with company.
Hudson Pacific Properties executes 1-for-7 reverse stock split effective Dec 1, 2025
Reverse split reduced outstanding shares from ~379.5M to ~54.2M; fractional shares cashed out at Dec 1 closing price.
Hudson Pacific Q3 net loss $136.5M, FFO $0.04/share, leases 515K sq ft
Revenue $186.6M vs $200.4M; net loss $136.5M ($0.30 diluted EPS). FFO ex items $16.7M ($0.04/share).
Hudson Pacific amends credit facility, extends $462M and boosts total commitments to $795M
Total revolving commitments increased to $795M; $462M extended to Dec 31, 2028 with two six-month extension options.
Hudson Pacific appoints T. Ritson Ferguson to Board; Mark Linehan retires
Mark Linehan resigned from Hudson Pacific board effective Sept 11, 2025, citing other professional commitments; no disagreement.
Hudson Pacific Properties Q2 2025: revenue down, FFO ex-items $0.04, net loss $(0.41)/share
Total revenue $190.0M vs $218.0M Q2 2024; net loss $(83.1)M or $(0.41)/diluted share.
Hudson Pacific board shrinks from 10 to 8; two directors resign
Directors Ebs Burnough and Christy Haubegger resigned effective June 25, 2025, with no disagreement.
CEO, President, and CFO forfeit 2024 performance equity awards, saving $14.3M
CEO Victor Coleman, President Mark Lammas, and CFO Harout Diramerian forfeited their 2024 performance unit awards on June 17, 2025.
Hudson Pacific closes $662M stock & warrant offering; CEO/CFO forfeit $14.3M in awards
Offering: 237.6M shares at $2.14/share and 71.9M pre-funded warrants at $2.13/warrant, gross proceeds ~$662M; closed June 13, 2025.
$600M underwritten offering of common stock and pre-funded warrants; underwriters have 30-day option for additional $90M.
Hudson Pacific shareholders reject say-on-pay; approve 7.3M-share incentive plan increase
Advisory vote on exec compensation failed: 35.1M for, 64.4M against (no broker non-votes).
Hudson Pacific Q1 net loss $74.7M, FFO ex-items $0.09/shr; signs 630K sf leases
Total revenue $198.5M, down from $214.0M YoY on asset sales and lower occupancy.
Hudson Pacific closes $475M CMBS financing on six office properties
$475M CMBS loan secured by 6 west-coast office properties; 5-year term (2+3 extensions) at SOFR + 376 bps.
Hudson Pacific Q4 net loss widens to $167M; occupancy falls, goodwill impairment
Net loss attributable to common stockholders $167M ($1.18/sh) vs $98M loss a year ago; revenue $209.7M vs $223.4M.
Hudson Pacific cuts revolving credit facility by $125M to $775M; eases covenants, sets rate floor
Revolving commitments permanently reduced by $125M, to $775M aggregate.
Amended agreements for CEO Coleman, President Lammas, CFO Diramerian, CAO Suazo effective Jan 1, 2025 for 5-year terms.
Hudson Pacific Q3 net loss $97.9M; FFO drops to $0.05/shr; suspends common dividend
Total revenue $200.4M, down 13% YoY; net loss $97.9M ($0.69/shr) vs $37.6M loss year ago.
Hudson Pacific Q2 revenue $218M (-11% YoY); net loss $0.33/sh; cuts NOI outlook
Revenue $218.0M vs $245.2M; net loss $47.0M ($0.33/sh) vs $36.2M loss in Q2 2023.
HPP reports YTD leasing of 814K sq ft, pipeline of 2.0M sq ft in June 2024 REITweek presentation
Tenant requirements up 28% YoY; gross leasing activity up 14%; sublease additions slowing 67%.
Hudson Pacific Properties reports 2024 annual meeting voting results; all proposals pass
Ten directors elected; Andrea Wong received 97,792,109 for (83.9%) vs 18,818,176 against.
Q1 revenue $214.0M vs $252.3M YoY; net loss $52.2M ($0.37/sh) vs loss $20.4M ($0.14/sh).
Hudson Pacific Q4 net loss $98M; 2024 FFO guidance $1.00-$1.10
Net loss attributable to common stockholders of $98.0M ($0.70/diluted) vs $12.0M loss ($0.09) a year ago.
Hudson Pacific/Macerich sell One Westside/Westside Two for $700M to UC
Gross sale price $700M; Hudson Pacific (75% JV interest) repaid $324.6M construction loan.
Hudson Pacific amends credit facility: reduces commitments to $900M, adjusts covenants
Commitments reduced by $100M to $900M; maturity unchanged at Dec 2026 (incl. extension options).
Director Fried resigns; Michael Nash appointed to Hudson Pacific board effective Jan 1, 2024
Richard Fried resigns from board effective Dec 31, 2023, citing other professional commitments; no disagreement with company.
Hudson Pacific announces board resignation and appointment of Robert Harris
Director Karen Brodkin resigned Nov 8, 2023 to focus on other professional commitments; no disagreement.
Hudson Pacific Q3 revenue down 11%; net loss widens to $0.27/sh; dividend suspended
Total revenue $231.4M vs $260.4M, driven by asset sales and studio strike impact.
Hudson Pacific adds 34 subsidiaries as guarantors after credit rating change
On Sept 27, 2023, 34 subsidiaries added as guarantors under Credit Agreement, 2015 and 2016 Note Purchase Agreements.
Hudson Pacific Q2 net loss $36.2M, FFO ex-items $0.24; strike suspends full-year guidance
Total revenue $245.2M (down 2.5% YoY); net loss $36.2M ($0.26 diluted) vs loss $7.4M ($0.05) in Q2 2022.
Portfolio 85% leased; San Francisco 93.9% (+1,296 bps vs market), Los Angeles 99.3% (+1,719 bps).
Hudson Pacific shareholders approve 7M share increase to 2010 Incentive Plan and elect directors
Shareholders approved Third Amended 2010 Incentive Award Plan, adding 7M shares to the pool and extending grant authority through March 2033.
Net loss attributable to common stockholders of $20.4M ($0.14/diluted) vs $19.8M loss in Q1 2022.
Hudson Pacific appoints Barry Sholem to board, replacing Robert Harris II
Robert L. Harris II resigned from the board on March 13, 2023, with no disagreement expressed.
Hudson Pacific reports no direct SVB exposure; 11 tenants have SVB letters of credit
No bank accounts, loans, or leases with SVB; no investments in SVB-led venture funds.
Hudson Pacific Q4 2022 net loss $12M; FFO $0.49/diluted; 2023 guidance $1.77-$1.87
Total revenue $269.9M (+12.2% YoY), net loss $12.0M ($0.09 diluted) vs net income $8.1M in Q4 2021.
Hudson Pacific Q3 net loss $0.12/dil share; revenue up 14.4% to $260.4M; guidance narrowed
Net loss attributable to common stockholders $17.3M ($0.12/dil) vs net loss $9.3M ($0.06/dil) in Q3 2021.
Hudson Pacific promotes Andy Wattula to COO and Drew Gordon to CIO
Andy Wattula appointed COO effective Oct 19, 2022; previously EVP Pacific Northwest/Canada.
Hudson Pacific amends credit facility to replace LIBOR with Term SOFR plus 10 bps spread
First Modification Agreement dated Sept 15, 2022; effective immediately.
Hudson Pacific prices $350M 5.950% senior notes due 2028
Issued $350M aggregate principal amount of 5.950% senior notes due Feb 15, 2028.
Hudson Pacific Prices $350M 5.950% Senior Notes Due 2028
$350M aggregate principal of 5.950% Senior Notes due 2028 issued by Hudson Pacific Properties L.P., guaranteed by HPP Inc.
Hudson Pacific draws $605M on revolver, sells Northview Center for $46M in Aug 2022
Revolver borrowings at $605M as of Sept 7, 2022, including ~$200M for Quixote acquisition.
Hudson Pacific acquires Quixote Studios for $360M; deal accretive, expands studio platform
Total consideration $360M; $200M from credit facility, $160M deferred at 5% interest due Dec 2023.
Total revenue $251.4M (+16.6% YoY); same-store cash NOI grew 7.3% to $125.2M.
Hudson Pacific Properties' 2022 annual meeting results: all director nominees and proposals approved
All ten director nominees elected with majority support; broker non-votes of 3,833,553 for each.
Hudson Pacific posts Q1 net loss of $19.8M; same-store NOI up 1.4%; narrows FFO guidance
Net loss $19.8M ($0.13 diluted) vs net income $5.0M ($0.03) a year ago; revenue up 14.7% to $244.5M.
On June 18, 2026, Andrew Wattula, Chief Operating Officer, notified Hudson Pacific Properties, Inc. (the “Company”) of his resignation.
On December 5, 2023, the Board voted to appoint Mr. Michael Nash as Mr. Fried’s successor, effective January 1, 2024.
On December 4, 2023, Mr. Richard B. Fried notified the board of directors (the “Board”) of Hudson Pacific Properties, Inc. (the “Company”) of his resignation from the Board, effective December 31, 2023, due to his desire to devote more of his time to other professional commitments.
On November 7, 2023, Ms. Karen Brodkin notified Hudson Pacific Properties, Inc. (the “Company”) of her resignation from the board of directors (the “Board”) of the Company, which became effective November 8, 2023.
On November 8, 2023, the Board appointed Mr. Robert “Chip” Harris II to the Board to fill the vacancy created by Ms. Brodkin’s resignation.
Concurrent with Mr. Harris’s resignation, our Board of Directors voted to appoint Mr. Barry Sholem as his successor.
Mr. Robert L. Harris II resigned from the board of directors (the “Board”) of Hudson Pacific Properties, Inc. (the “Company”) due to his desire to devote more of his time to other professional commitments. In tendering his resignation, Mr. Harris expressed no disagreement with the Company.
On October 19, 2022, Hudson Pacific Properties, Inc., a Maryland corporation (the “Company”) appointed Andy Wattula, who most recently served as the Company’s Executive Vice President, Pacific Northwest/Canada Office Operations, to Chief Operating Officer.
Max materiality 0.90 · Median 0.65 · Most common event earnings