Hudson Pacific Properties REIT says refinancing underscores quality of 1.5M-square-foot downtown office complex.
Owners of one of Vancouver's most prominent office complexes have successfully secured refinancing for a nearly half-billion-dollar loan tied to their downtown property.
"Hudson Pacific now has no debt maturities until December 2024, as we continue to take a strategic and multifaceted approach to fortifying our company’s balance sheet,” Hudson Pacific’s chief financial officer Harout Diramerian said in a release. Hudson Pacific and Blackstone acquired Bentall Centre in 2019, a move that introduced the Los Angeles-based REIT to the Vancouver market.
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