Highest-materiality recent filing
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 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 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 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.
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.
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.
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.
Max materiality 0.90 · Median 0.68 · Most common event earnings