So in general, when weÂ're in these JVs, our recommendation is always, we think this is a good hold or we think we should all be selling at the same time. But then in the specific, when one of our JV partners wants to sell, we work hard to make sure thereÂ's a market for that and they can get liquidity. And this was a relatively small deal. I mean, itÂ's not very material, but we were certainly happy to provide that liquidity for that partner that wanted to get out and thatÂ's all that really happened there ...

EARNINGS RESULTS & OPERATING INFORMATION FOURTH QUARTER 2023 We own and operate 18.0 million square feet of Class A office properties and 4,576 apartment units (excluding our residential development pipeline and the vacated Barrington Plaza units) in the premier coastal submarkets of Los Angeles and Honolulu. • Our same property Cash NOI decreased by 1.1% to $153.1 million, driven by comparison to a strong prior period that benefited from one-time tax refunds on our residential portfolio. Adjusting for thos ...

Douglas Emmett (DEI) reported $212.33 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.2%. EPS of $0.46 for the same period compares to $0.14 a year ago.The reported revenue represents a surprise of -16.24% over the Zacks Consensus Estimate of $253.5 million. With the consensus EPS estimate being $0.44, the EPS surprise was +4.55%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) Maryland 20-3073047 (State or other juri ...

Alexander Goldfarb - Piper Sandler Blaine Heck - Wells Fargo Dylan Burzinski - Green Street Camille Bonnel - Bank of America John Kim - BMO Bill Crow - Raymond James Rich Anderson - Wedbush Ladies and gentlemen, thank you for standing by, and welcome to Douglas Emmett's Quarterly Earnings Call. Today's call is being recorded. [Operator Instructions] Thanks, Jordan, and good morning, everyone. Our 2 recent multifamily development projects continue to progress nicely. Our 376-unit Landmark L.A. property in Br ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

Company Participants Peter Seymour - CFO Blaine Heck - Wells Fargo Dylan Burzinski - Green Street I will now turn the conference over to Stuart McElhinney, Vice President of Investor Relations for Douglas Emmett. Good morning, and thank you for joining us. Since we last spoke, we took two very positive strategic steps toward enhancing the long term health of the company and ensuring meaningful growth. First, we have formally begun the process of reconstructing our Barrington Plaza apartment community to ins ...

Company Participants Kevin Crummy - Chief Investment Officer Alexander Goldfarb - Piper Sandler Steve Sakwa - Evercore ISI Douglas Emmett, Inc. (NYSE:DEI) Q1 2023 Earnings Conference Call May 3, 2023 2:00 PM ET Jordan Kaplan - President & Chief Executive Officer Conference Call Participants Michael Griffin - Citi Omotayo Okusanya - Credit Suisse Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call. Today's call is being recorded. [Operator Instructions] I will ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) Maryland 20-3073047 (State or other jurisdic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 1-33106 Douglas Emmett, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...