Hudson Pacific Properties has closed on $475M of commercial mortgage-backed securities financing for a six-property office portfolio, the REIT announced Monday.

The portfolio is all West Coast assets and includes the Los Angeles properties 11601 Wilshire Blvd. and Element LA.

The latter is home to video game developer and publisher Riot Games and was encumbered by a $168M loan.

“This financing provides us with nearly half a billion dollars of gross proceeds to fully repay our Element LA secured loan and outstanding amounts on our credit facility,” Hudson Pacific Chief Financial Officer Harout Diramerian said in a release announcing the news. “Along with recent and potential asset sales, we continue to increase liquidity and balance sheet flexibility, putting us at a positive inflection point in our overall strategy to address our remaining maturities in the coming years.”

Goldman Sachs served as lead manager for the financing, with Morgan Stanley and Wells Fargo Securities as co-lead managers.

With this deal, plus the previously announced sale of the Foothill Research Center in Palo Alto that closed March 4, the company has approximately $815M of liquidity between its unsecured revolving credit facility and cash on hand, according to the release.

Hudson Pacific is an owner of Hollywood studios and office buildings, including two on Sunset Boulevard in Hollywood leased to Netflix.

Hudson Pacific is weathering a bumpy road for the office and studio sectors in which it works. The company is selling assets to address approximately $599.9M in secured and unsecured debt coming due this year.