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Hudson Pacific Completes $475 Million CMBS Financing

1. HPP secured $475 million in CMBS financing for six office properties. 2. This financing enhances HPP's capital position in key west coast markets.

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FAQ

Why Bullish?

This financing strengthens HPP's liquidity and financial stability, similar to past successful capital raises that led to price appreciation.

How important is it?

Securing substantial financing is critical for operational expansion and investor confidence in HPP's growth strategy.

Why Short Term?

The immediacy of financing influences market perception, but its long-term impact depends on property performance.

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LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the completion of a commercial mortgage-backed securities (“CMBS”) financing for a portfolio of six office properties with total gross proceeds of $475 million. The portfolio, which comprises assets located throughout the company's west coast markets, includes 11601 Wilshire, Element LA, 450 Alaskan, 5th & Bell, 275 Bran.

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