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It’s no secret that the grueling 148-day writers’ strike and 118-day sister actors’ strike set back studio production, but how did the two Hollywood standoffs affect Los Angeles real estate, particularly from a tenant-landlord perspective?
Hudson Pacific Properties, Inc. (NYSE:HPP) Q3 2023 Earnings Call Transcript November 4, 2023 Operator: Good morning, and welcome to the Hudson Pacific Properties Third Quarter 2023 Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Laura Campbell, Executive Vice President, Investor Relations and […]
L.A.-based REIT known for its soundstages reports lower revenues and higher losses after the third quarter.
L.A.-based REIT suspends studio FFO outlook due to the strike and halt in production. Office occupancy slides further.
Hedge funds have been using credit-default swaps indexes known as CMBX to bet against CMBS that are most exposed to offices.