secwatch.observer — SEC 8-K summary
======================================

Issuer:     Douglas Emmett Inc (DEI)
CIK:        0001364250
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001364250-24-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Emmett Q3 revenue down 1.8% to $250.8M; FFO down 3.8%
-------------------------------------------------------------

- Net income attributable to common stockholders of $4.6M ($0.03/diluted share), up 134.6% YoY.
- FFO down 3.8% to $86.0M ($0.43/diluted share); AFFO up 0.2% to $68.8M.
- Same property Cash NOI fell 5.7% to $139.4M on lower office NOI; multifamily growth offset partially.
- Portfolio leased rate up 50 bps to 82%; signed 236 office leases covering 1,003,000 sq ft; multifamily 99.1% leased.
- FY2024 FFO guidance raised to $1.69-$1.73 per diluted share; net income guidance $0.10-$0.14 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364250/000136425024000044/0001364250-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364250/000136425024000044/nysedei-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001364250-24-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer