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

Issuer:     Douglas Emmett Inc (DEI)
CIK:        0001364250
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001364250-25-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Emmett Q1 revenue $252M, net income $40M; FFO/share $0.40 vs $0.45; guides 2025 FFO $1.42-$1.48
--------------------------------------------------------------------------------

- Revenue $252M (Q1 2024: $245M); net income to common stockholders $40M ($9M); FFO per share $0.40 ($0.45).
- AFFO $62M vs $75M; Same Property Cash NOI $151M vs $152M; office leasing 753k sq ft signed.
- Joint venture acquired 10900 Wilshire (247k sq ft office + residential site); total investment $150-$200M over 3-4 years.
- Refinanced $335M secured loan at 4.57% fixed rate maturing 2032; closed $127.2M new loan at 4.99% fixed through 2030.
- 2025 guidance: net income per share $0.07-$0.13; FFO per share $1.42-$1.48; quarterly dividend $0.19/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364250/000136425025000025/0001364250-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364250/000136425025000025/nysedei-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001364250-25-000025

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