You Can’t Buy Pelosi’s New Office Tower Stake. These 2 Stocks Are the Closest Thing
Rep. Nancy Pelosi's spouse acquired a $500,001-$1,000,000 stake in a private LLC owning a San Francisco office tower. Analysts suggest Hudson Pacific Properties (HPP) and Kilroy Realty (KRC) as proxies. HPP has a net loss of $572.09M, trades at $12.17, and has high leverage. KRC offers a 6.21% yield, with 50% of its portfolio in the Bay Area. Both face leasing challenges, with KRC appearing more stable.
