Douglas Emmett(DEI) - 2024 Q4 - Annual Results

Executive Summary Debt Refinancing: During December 2024, we closed (i) a $325.0 million loan for one of our joint ventures and used the proceeds and cash on hand to replace a$400.0 million loan and (ii) a $61.8 million loan for the joint venture that purchased 10900 Wilshire Boulevard. Details of these loans can be found on page 12. Our portfolio is located in the premier coastal submarkets of Los Angeles and Honolulu. Our In-Service Portfolio includes 17.5 million square feet of Class A office properties ...