Hudson Pacific Properties is a major Los Angeles-based REIT that owns and develops some of the most expensive studio, tech and office land in the city, including in Hollywood and the Westside. The company has faced multiple controversies: a 2017 settlement in which it scaled back a high-rise project in Hollywood after being sued for out-of-scale zoning and traffic impacts in a rent-/residents-dense neighborhood. It’s also grappling with deep financial problems—credit-rating firms downgraded its debt amid weak occupancy and asset valuations, raising questions about its long-term stability and the viability of its developments.