Company: HPP
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001482512-25-000126
Chunk: 76

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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 to the changes in fair value. During the three and six months ended June 30, 2024, the Company recognized unrealized losses of $1.0 million and $1.9 million, respectively, on its non-real estate investments due to the observable changes in fair value. As of June 30, 2025, the cumulative unrealized gain of the the investments is $6.6 million.

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Table of ContentsHudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P.Notes to Unaudited Consolidated Financial Statements(Unaudited, tabular amounts in thousands, except square footage, share and unit data)

9. Debt

The following table sets forth information with respect to the Company’s outstanding indebtedness:June 30, 2025December 31, 2024Interest Rate(1)Contractual Maturity Date(2)UNSECURED AND SECURED DEBTUnsecured debtUnsecured revolving credit facility(3)(4)$— $320,000 SOFR + 1.15% to 1.60%12/21/2026(5)Series B notes— 259,000 4.69%12/16/2025Series C notes— 56,000 4.79%12/16/2027Series D notes— 150,000 3.98%7/6/20263.95% Registered senior notes400,000 400,000 3.95%11/1/20274.65% Registered senior notes500,000 500,000 4.65%4/1/20293.25% Registered senior notes400,000 400,000 3.25%1/15/20305.95% Registered senior notes(6)350,000 350,000 5.95%2/15/2028Total unsecured debt1,650,000 2,435,000 Secured debtHollywood Media Portfolio CMBS(7)1,100,000 1,100,000 SOFR + 1.10%8/9/2026(8)Acquired Hollywood Media Portfolio CMBS debt(30,233)(30,233)SOFR + 2.11%8/9/2026(8)Hollywood Media Portfolio CMBS, net(9)(10)1,069,767 1,069,767 Element LA— 168,000 4.