---
schema_version: "secwatch.filing_event.v1"
accession: "0001364250-22-000018"
form_type: "8-K"
ticker: "DEI"
cik: "0001364250"
company_name: "Douglas Emmett Inc"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:21:12.814118+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Douglas Emmett Q1 revenue $238.9M (+10.4% YoY); raises FFO guidance; acquires Santa Monica apartment for $330M

## Summary
- Revenue $238.9M (+10.4% YoY); net income $25.5M ($0.14 diluted EPS) vs $11.6M prior year.
- FFO $0.50 per diluted share (+15.4%); raises 2022 FFO guidance to $2.02–$2.08 per share.
- Acquired 1221 Ocean Ave, Santa Monica (120 units) for $330M via JV (55% owned); $175M loan fixed at 3.90%.
- Office leased rate 87.7%, occupancy 84.6%; multifamily 99.7% leased with 9% rent roll-up.
- Paid Q2 dividend $0.28/share ($1.12 annualized); same property Cash NOI up 10.7% to $151.1M.

## SEC filing metadata
- accession: 0001364250-22-000018
- form_type: 8-K
- ticker: DEI
- cik: 0001364250
- company_name: Douglas Emmett Inc
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364250/000136425022000018/0001364250-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364250/000136425022000018/nysedei-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364250-22-000018
- JSON: https://secwatch.observer/filing/0001364250-22-000018.json
- Plain text: https://secwatch.observer/filing/0001364250-22-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.