---
schema_version: "secwatch.filing_event.v1"
accession: "0001364250-23-000047"
form_type: "8-K"
ticker: "DEI"
cik: "0001364250"
company_name: "Douglas Emmett Inc"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:30:03.269662+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Douglas Emmett Q2 net loss $7.3M, FFO -8.4%; guidance cut $0.07 on Barrington Plaza vacate

## Summary
- Revenue $253.4M (+2.6%); net loss $7.3M ($0.04 loss per diluted share) vs net income a year ago.
- FFO $96.4M ($0.48/sh), down 8.4%; AFFO $74.9M, down 16.5% on higher interest and construction costs.
- Same property Cash NOI down 0.9% to $150.1M; office leasing 957k sq ft signed, cash rents down 6.6%.
- Barrington Plaza vacating 712 units for fire safety upgrades; expected FFO reduction of ~$0.07/sh.
- Closed $350M term loan at SOFR+1.37%; repurchased 7.6M shares at avg $12.13 in Q2.

## SEC filing metadata
- accession: 0001364250-23-000047
- form_type: 8-K
- ticker: DEI
- cik: 0001364250
- company_name: Douglas Emmett Inc
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364250/000136425023000047/0001364250-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364250/000136425023000047/nysedei-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364250-23-000047
- JSON: https://secwatch.observer/filing/0001364250-23-000047.json
- Plain text: https://secwatch.observer/filing/0001364250-23-000047.txt

## Key facts
- Earnings Releases
  Douglas Emmett Inc reported the quarter ended June 30, 2023 results: revenue $253.4 million, net income net loss of $7.3 million, or a net loss of $0.04 per diluted share, EPS $0.04 per diluted share. Guidance lowered.
  - Period: the quarter ended June 30, 2023
  - Revenue: $253.4 million
  - Net income: net loss of $7.3 million, or a net loss of $0.04 per diluted share
  - EPS: $0.04 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: submarkets of Los Angeles and Honolulu. Quarterly Results: For the quarter ended June 30, 2023 compared to the quarter ended June 30, 2022: • Our revenues increased by 2.6% to $253.4 million, primarily as a result of our multifamily portfolio, which now represents approximately 20% of our annual revenue. • Our net income (loss) attributable to common stockholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364250/000136425023000047/0001364250-23-000047-index.htm

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