LOS ANGELES — Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that Chief Financial Officer Mark Lammas has taken on the additional responsibilities of Chief Operating Officer and Steve Jaffe has joined the company as Chief Risk Officer.
In his expanded role, Lammas will be responsible for all finance, treasury and capital markets activities, as well as the firm’s operations in its four primary markets: Los Angeles, San Francisco, Silicon Valley and Seattle. Lammas has served as Chief Financial Officer and Treasurer since Hudson Pacific’s initial public offering in 2010.
Jaffe, who has 29 years of real estate, investment and legal experience, will oversee the firm’s risk management initiatives. Jaffe will serve on the firm’s executive management team.
“Mark Lammas and Steve Jaffe are exceptional executives with extensive real estate experience and a keen understanding of our markets,” said Victor Coleman, Chairman and CEO of Hudson Pacific Properties. “These appointments further strengthen our leadership team and will enable Hudson Pacific to continue to grow while minimizing risk.”
Prior to his current roles at Hudson Pacific, Lammas served as a consultant to the firm’s predecessor, Hudson Capital, LLC. Earlier in his career, Lammas was a senior finance executive for Maguire Properties, Inc. and worked as an attorney for Cox, Castle & Nicholson LLP. Lammas earned a Bachelor of Arts degree from the University of California, Berkeley in Political Economies of Industrial Societies, and a Juris Doctorate from Boalt Hall School of Law at University of California, Berkeley.
Prior to joining Hudson Pacific, Jaffe was Chief Investment Officer and Principal of BH Properties in Los Angeles, a private real estate investment company, where he focused on acquisitions and dispositions. Prior to that, Jaffe served as Executive Vice President and General Counsel of BH Properties. Earlier in his career, he was an attorney at the law firm Russ August Kabat and served as General Counsel of Alexander Haagen Company, a private shopping center development company. Jaffe has a Bachelor of Arts degree in English from the University of California, Berkeley and a Juris Doctorate from the University of California, Hastings College of the Law.
About Hudson Pacific Properties
Hudson Pacific Properties is a vertically integrated real estate company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select West Coast markets. Hudson Pacific invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. Founded in 2006 as Hudson Capital, the company went public in 2010, electing to be taxed as a real estate investment trust. Through the years, Hudson Pacific has strategically assembled a portfolio totaling approximately 17.6 million square feet, including land for development, in high-growth, high-barrier-to-entry submarkets throughout Northern and Southern California and the Pacific Northwest. The company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on Fortune 500 and industry-leading growth companies, many in the technology, media and entertainment sectors. As a long-term owner, Hudson Pacific prioritizes tenant satisfaction and retention, providing highly customized build-outs and working proactively to accommodate tenants’ growth. Hudson Pacific trades as a component of the Russell 2000® and the Russell 3000® indices. For more information visit hudsonpacificproperties.com.
