Veytics Intelligence
2026-11-05 · Yahoo

Victor Coleman’s Hudson Pacific Properties posts $218M loss

Hudson Pacific Properties' Victor Coleman with Sunset Bronson Studios (LinkedIn, Sunset Studios, Getty) The losses keep on coming at Victor Coleman's Hudson Pacific Properties. The office and studio REIT posted a $218 million loss for the third quarter, worse than the $136.5 million same time last year. HPP blamed write-downs and losses on office deals in San Francisco. The deals, Coleman said on Thursday's call, "took largely vacant, capital-intensive assets off the books." Coleman also touched on the Netflix-Radford situation; the studio in the Valley the REIT owns with Blackstone, which is on the market in a lender-facilitated deal; and leasing. Netflix buying Radford Studio Center is "not a concern of ours," Coleman said on the call.

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