Woodland Hills, CA – October 12, 2011 – CNM LLP, an independent accounting and advisory firm based in Woodland Hills, California, today announced that Los Angeles-based Hudson Pacific Properties, Inc. has engaged CNM for ongoing audit and advisory services.
Mark Lammas, Chief Financial Officer of Hudson Pacific Properties stated, “As our audit partner, CNM gives our management local access to first-class professionals with significant Sarbanes-Oxley Act (“SOX”) experience and diversified backgrounds in accounting, audit, consulting and advisory. By eliminating the significant start-up and fixed costs associated with developing and maintaining an in-house team, CNM’s solution is ideal for a public entity of our size.”
Nathan Matthews, Managing Partner of CNM, commented, “We are excited about the opportunity to assist Hudson with its internal audit and SOX needs. This engagement fully utilizes our core competencies and allows Hudson to devote its efforts to running and growing its core business. It is a win-win relationship for both parties.”
About Hudson Pacific Properties, Inc.
Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate company focused on owning, operating and acquiring high-quality office properties and state-of-the-art media and entertainment properties in select growth markets primarily in Northern and Southern California. The Company’s strategic investment program targets high barrier-to-entry, in-fill locations with favorable, long-term supply-demand characteristics in select target markets including Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and the East Bay. The Company’s portfolio consists of approximately 4.2 million square feet. The Company has elected to be taxed and intends to operate in a manner that will allow it to qualify as a real estate investment trust, or REIT, for federal income tax purposes, commencing with the taxable year ended December 31, 2010. Hudson Pacific Properties, Inc. is a component of the Russell 2000® and the Russell 3000® indices. For additional information, visit www.hudsonpacificproperties.com.
About CNM LLP
Founded in 2003, CNM LLP is an independent accounting and consulting firm. Leveraging the significant expertise of its experienced professionals, CNM provides clients a full array of accounting and advisory services. CNM represents clients ranging from entrepreneurial start-up ventures to Fortune 500 companies, both public and privately held. Clients benefit from the team’s expertise gained at Big 4 accounting firms and in industry, as well as its professional and personal approach to services that focuses on building long-term relationships of trust. www.cnmllp.com
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Posted on Oct 12, 2011