BX · News · 20260921N
Hollywood Loan Extension
Blackstone Inc. · 2026-09-21 · Importance 46 · Surprise 42
Hudson Pacific Properties and Blackstone secured a 15-month extension on a $1.1 billion loan tied to their Hollywood studio portfolio. The extension moves the maturity date to November 2027 and provides additional time to stabilize production properties. The arrangement includes restructuring underperforming assets such as Quixote, while Hudson Pacific continues to face broader portfolio losses from San Francisco Bay Area office holdings and the Quixote acquisition.