secwatch.observer — SEC 8-K summary
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Issuer:     Douglas Emmett Inc (DEI)
CIK:        0001364250
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001364250-25-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Emmett Q2 net loss $(6)M; FFO down to $0.37; narrows 2025 guidance
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- Revenue $252M (+2.4% YoY); net loss $(6)M vs income $11M; FFO per share $0.37 vs $0.46.
- Same Property Cash NOI $151M (-0.7% YoY); excluding prior-year property tax refunds, slightly positive.
- Leased 973k sq ft office (300k new); straight-line rents +2.4%, cash rents -13.3%.
- Announced conversion of 10900 Wilshire office to 320-unit apartments; project cost $200-250M.
- Post-quarter refinanced $200M loan; floating SOFR+200 bps swapped to 5.6% fixed, matures 2032.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364250/000136425025000033/0001364250-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364250/000136425025000033/nysedei-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001364250-25-000033

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