For  Immediate  Release      Contact:  Bruce  Beck/DB&R        (805)  777-­‐7971        bruce@dbrpr.com  

Mesa  West  Capital  Managed  Separate  Account  and  Hudson  Pacific  Properties  Provide  Chinese  Tech  Company  LeEco  with  $140  MM  Loan  to  Acquire  Land  for  Future  U.S.  Headquarters  in  Silicon  Valley    

LOS  ANGELES,  July  18,  2016  –  Hudson  Mesa  West  SA  Democracy  Way,  LLC,  a  limited  liability  company  managed  by  Mesa  West  Capital  on  behalf  of  a  separate  account  with  a  private  pension  fund,  and  Hudson  Pacific  Properties,  Inc.  (NYSE:  HPP),  provided  Beijing,  China-­‐based  internet  technology  company  LeEco  with  $140  million  in  first  mortgage  debt  to  acquire  a  48.6-­‐acre  land  site  in  Santa  Clara,  CA  for  the  planned  development  of  a  three-­‐million-­‐square-­‐foot  World  headquarters  campus.    

“LeEco  is  a  very  dynamic  technology  firm  with  exciting  plans  for  the  future.  The  firm  saw  this  site  as  a  terrific  opportunity  to  develop  a  Global  headquarters  and  plant  a  flag  in  the  U.S.  realizing  that  having  a  strong  presence  in  Silicon  Valley  is  pivotal  for  talent  acquisition  and  continued  growth,”  said  Mesa  West  Capital  Vice  President  Brandon  Bachner,  a  member  of  the  origination  team.      “The  short-term  floating  rate  loan  will  provide  LeEco  with  enough  runway  to  complete  their  pre-development  plan.”    

LeEco  purchased  the  fully  entitled  site  at  3005  Democracy  Way,  from  Yahoo!,  which  had  owned  the  property  since  2004.    The  property  lies  within  the  Marriott  Business  Park,  a  475-­‐acre  master  planned  development     in  Silicon  Valley’s  “Golden  Triangle,”  created  by  the  237,  101  and  880  Freeways.    The  area  is  home  to  such  companies  as  Toshiba,  Cisco,  Samsung,  Google,  Apple  and  PayPal.    

LeEco  will  team  with  a  to-­‐be-­‐determined  proven  U.S.  real  estate  partner  to  develop  the  property  over  several  phases  with  the  first  one  million  square  feet  of  office  space  expected  to  be  completed  by  2020.      LeEco  established  a  U.S.  foothold  late  last  year  when  it  signed  a  lease  for  80,000  square  feet  in  nearby  San  Jose.    

The  financing  was  arranged  by  Brad  Zampa  in  the  San  Francisco  office  of  CBRE  Capital  Markets  Institutional  Group.    

About  Mesa  West  Capital,  LLC  Mesa  West  Capital  (www.mesawestcapital.com)  is  a  privately  held  debt  fund  manager  and  portfolio  lender  with  more  than  $4.5  billion  in  assets  under  management.    With  offices  in  Los  Angeles,  Chicago  and  New  York  City,  Mesa  West  has  been  one  of  the  leading  providers  of  commercial  real  estate  debt  since  its  founding  in  2004.  Mesa  West  provides  non-­‐-­‐-­‐recourse  first  mortgage  loans  for  core/core-­‐-­‐-­‐plus,  value-­‐-­‐-­‐added  or  transitional  properties  throughout  the  United  States.  Mesa  West’s  lending  portfolio  includes  all  major  property  types  with  loan  sizes  ranging  from  $10  million  up  to  $200  million.  Since  inception,  the  firm  has  sourced  and  closed  more  than  245  transactions  totaling  in  excess  of  $10  billion.