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Hudson Pacific Properties, Inc. Common Stock (HPP)

2.6450
+0.1650 (6.65%)
NYSE · Last Trade: Jun 12th, 10:35 AM EDT
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Hudson Pacific Properties Announces Pricing of $600 Million Public Offering
Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP) today announced the pricing of an underwritten public offering of 197,194,698 shares of its common stock and pre-funded warrants to purchase 71,863,597 shares of its common stock. The shares of common stock are being sold at a public offering price of $2.23 per share and the pre-funded warrants are being sold at a public offering price of $2.22 per warrant, which represents the per share public offering price for the common stock, less the $0.01 per share exercise price for each such pre-funded warrant. The underwriters have been granted a 30-day option to purchase up to an additional 40,358,744 shares at the public offering price, less the underwriting discount. The Company estimates the offering will generate net proceeds, after deducting underwriting discounts (before other transaction costs and excluding the exercise of any pre-funded warrants), of approximately $575.6 million, or $662.0 million if the underwriters exercise their option to purchase additional shares in full. All of the securities to be sold in the offering will be offered by the Company pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. The offering is expected to close on or about June 13, 2025, subject to customary closing conditions.
Hudson Pacific Properties Announces Commencement of Public Offering
Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP) today announced it has commenced a $600 million underwritten public offering of shares of its common stock and pre-funded warrants to purchase shares of its common stock pursuant to an effective registration statement filed with the Securities and Exchange Commission. The Company intends to grant the underwriters a 30-day option to purchase up to an additional $90 million of common stock at the public offering price, less the underwriting discounts and commissions. All of the securities to be sold in the offering will be offered by the Company. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Hudson Pacific Properties Declares Second Quarter 2025 Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the second quarter of 2025 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on June 30, 2025 to preferred stockholders of record on June 20, 2025.
Hudson Pacific Properties Reports First Quarter 2025 Financial Results
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the first quarter 2025.
Hudson Pacific Completes $475 Million CMBS Financing
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 Brannan and 1740 Technology.
Hudson Pacific Properties Announces Date for First Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release first quarter financial results after market close on Wednesday, May 7, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
Hudson Pacific Properties Declares First Quarter 2025 Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the first quarter of 2025 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on March 31, 2025 to preferred stockholders of record on March 21, 2025.
Hudson Pacific Properties to Participate in Citi’s 2025 Global Property CEO Conference
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Victor Coleman, Chairman and Chief Executive Officer, and other members of the company’s senior management will participate in a roundtable discussion at Citi’s 2025 Global Property CEO Conference on Monday, March 3, 2025 at 5:00 p.m. ET.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 27, 2025
Hudson Pacific Properties Reports Fourth Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced financial results for the fourth quarter 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 20, 2025
Hudson Pacific Properties Announces 2024 Dividend Tax Treatment
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the tax treatment for its 2024 common stock and preferred stock dividends.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 31, 2025
Hudson Pacific Sells Los Angeles Office Property
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has closed on the sale of a non-core office property, Maxwell, located in the Los Angeles Arts District, for $46.0 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. Inclusive of its Foothill Research Center office property which is under contract and expected to close in first quarter of this year, the company will have executed on a total of $93.8 million in non-core asset sales since mid-November last year, with additional sales expected to follow.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 23, 2025
Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 14, 2025
Hudson Pacific Properties Announces Date for Fourth Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quarter financial results after market close on Thursday, February 20, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 9, 2025
Hudson Pacific Completes Sale of Palo Alto Office Property
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has closed on the sale of a non-core Palo Alto office property, 3176 Porter, for $24.8 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. As previously announced, the company also has under contract the sale of a second non-core Palo Alto office property, Foothill Research Center, that is targeted to close in first quarter 2025.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 11, 2024
Hudson Pacific Properties Declares Fourth Quarter 2024 Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the fourth quarter of 2024 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 30, 2024 to preferred stockholders of record on December 20, 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 10, 2024
Hudson Pacific Properties Reports Third Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 12, 2024
Hudson Pacific Properties Announces Date for Third Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release third quarter financial results after market close on Tuesday, November 12, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 1, 2024
Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors suspended the Company’s quarterly dividend on its common stock, commencing with the third quarter dividend that would have been paid in September 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 10, 2024
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Hudson Pacific Properties Reports Second Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the second quarter 2024.
Hudson Pacific Properties Announces Date for Second Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release second quarter financial results after market close on Wednesday, August 7, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
Hudson Pacific Properties Declares Second Quarter Dividends
Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared dividends for the second quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on June 27, 2024 to stockholders of record on June 17, 2024.
Hudson Pacific Properties Reports First Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the first quarter 2024.