secwatch.observer — SEC 8-K summary
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Issuer:     Douglas Emmett Inc (DEI)
CIK:        0001364250
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001364250-26-000026
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Emmett Q1 net loss $2M; FFO $0.37 vs $0.40; record leasing 461k sq ft
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- Net loss of $2M in Q1 2026 vs net income $40M in Q1 2025; FFO per diluted share $0.37 vs $0.40.
- Revenue $251M vs $252M YoY; Same Property Cash NOI $152M vs $155M; AFFO $49M vs $62M.
- Record quarterly new leasing of 461k sq ft; positive absorption 100k sq ft; straight-line rent roll up 5.3%.
- April JV acquired Bedford Collection (246k sq ft medical office) for $260M; DEI holds 13% stake; $130M loan at SOFR+1.70% fixed at 5.26%.
- 2026 guidance: FFO per share $1.39-$1.45; net loss per share $(0.20)-$(0.14); gains from Bedford largely offset by higher interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364250/000136425026000026/0001364250-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364250/000136425026000026/nysedei-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001364250-26-000026

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