Easterly Government Properties, Inc. — fact timeline
Source-grounded facts extracted from Easterly Government Properties, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Easterly Government Properties, Inc. reported the quarter ended March 31, 2026 results: net income $1.4 million, EPS $0.03 per share on a fully diluted basis.
“and its adjacent partners, today announced its results of operations for the quarter ended March 31, 2026. Highlights for the Quarter Ended March 31, 2026: • Net income of $1.4 million, or $0.03 per share on a fully diluted basis • Core FFO of $37.1 million, or $0.77 per share on a fully diluted basis • Acquired a 297,713 square foot campus leased primarily to”
Allison E. Marino changed role as Executive Vice President, Chief Financial Officer at Easterly Government Properties, Inc..
“Allison E. Marino, the Company’s Executive Vice President, Chief Financial Officer, previously served as principal accounting officer and will continue to serve as the Company’s principal financial officer.”
Brian M. Colantuoni was appointed as Principal Accounting Officer at Easterly Government Properties, Inc..
“Effective May 13, 2025, Easterly Government Properties, Inc. (the “Company”) appointed Brian M. Colantuoni, the Company’s Senior Vice President and Chief Accounting Officer, as the Company’s principal accounting officer.”
Allison E. Marino changed role as Principal Accounting Officer at Easterly Government Properties, Inc..
“Allison E. Marino, the Company’s Executive Vice President, Chief Financial Officer, previously served as principal accounting officer and will continue to serve as the Company’s principal financial officer.”
Brian M. Colantuoni was appointed as Principal Accounting Officer at Easterly Government Properties, Inc..
“Effective May 13, 2025, Easterly Government Properties, Inc. (the “Company”) appointed Brian M. Colantuoni, the Company’s Senior Vice President and Chief Accounting Officer, as the Company’s principal accounting officer.”
Governance Changes
Easterly Government Properties, Inc.: Reduced number of authorized shares of common stock from 200,000,000 to 80,000,000 in proportion with the reverse stock split (effective 2025-05-08).
“On May 8, 2025, Easterly Government Properties, Inc. (the “Company”) filed with the State Department of Assessments and Taxation of Maryland Articles of Amendment (the “Amendment”) to its Articles of Amendment and Restatement that reduces the number of authorized shares of common stock, par value $0.01 per share, of the Company from 200,000,000 to 80,000,000, in proportion with the one-for-two and a half reverse stock split of common stock effected by the Company on April 28, 2025.”
Governance Changes
Easterly Government Properties, Inc.: Articles of Amendment filed to effect a 1-for-2.5 reverse stock split and adjust par value of common stock (effective 2025-04-28).
“On April 25, 2025, Easterly Government Properties, Inc. (the “Company”) filed with the State Department of Assessments and Taxation of Maryland two Articles of Amendment (the “Amendments”) to its Articles of Amendment and Restatement that: (i) provided for a 1-for-2.5 reverse stock split of the issued and outstanding shares of common stock of the Company, par value $0.01 per share (the “Common Stock”), effective at 12:01 a.m. Eastern time on April 28, 2025, and (ii) provided for the par value of the issued and outstanding shares of Common Stock to be changed from $0.025 per share (as a result of the reverse stock split) back to $0.01 per share, effective at 12:02 a.m. Eastern Time on April 28, 2025.”
Debt Financings
Easterly Government Properties, Inc. incurred senior notes of $125,000,000 with the purchasers named therein at 6.13% and 6.33% maturing March 20, 2030 for Series A and March 20, 2032 for Series B.
“On March 20, 2025, Easterly Government Properties, Inc. (the “Company”), and its operating partnership, Easterly Government Properties LP (the “Operating Partnership”), entered into a master note purchase agreement (the “Purchase Agreement”), with the purchasers named therein (the “Purchasers”). Pursuant to the Purchase Agreement, on March 20, 2025, the Operating Partnership issued and sold an aggregate of $125,000,000 of fixed rate, senior unsecured notes (the “Notes”) to the Purchasers.”
Darrell W. Crate was appointed as President at Easterly Government Properties, Inc..
“On September 13, 2024, Darrell W. Crate, Chief Executive Officer of Easterly Government Properties, Inc. (the “Company”) was appointed to also serve as the Company’s President, effective September 13, 2024, replacing Meghan G. Baivier following her departure from the Company”
Meghan G. Baivier resigned as President and Chief Operating Officer at Easterly Government Properties, Inc..
“On August 15, 2024, Meghan G. Baivier, President and Chief Operating Officer of Easterly Government Properties, Inc. (the “Company”), resigned from her positions with the Company, effective September 13, 2024.”
Earnings Releases
Easterly Government Properties, Inc. reported the first quarter ended March 31, 2024 results: net income $4.9 million, EPS $0.05 per share on a fully diluted basis.
“On April 30, 2024, we issued a press release announcing our results of operations for the first quarter ended March 31, 2024.”
Earnings Releases
Easterly Government Properties, Inc. reported the year ended December 31, 2023 results: net income Net income of $21.1 million, EPS $0.20 per share on a fully diluted basis.
“Net income of $21.1 million, or $0.20 per share on a fully diluted basis”
Earnings Releases
Easterly Government Properties, Inc. reported the quarter ended December 31, 2023 results: net income Net income of $4.8 million, EPS $0.04 per share on a fully diluted basis.
“Net income of $4.8 million, or $0.04 per share on a fully diluted basis”
Material Agreements
Easterly Government Properties, Inc. amended Seventh Amendment with PNC Bank, National Association, as administrative agent and a lender, and U.S. Bank National Association and Truist Bank, as lenders (effective 2024-01-23).
“On January 23, 2024, Easterly Government Properties, Inc. (the “ Company ”), its operating partnership, Easterly Government Properties LP (the “Operating Partnership”), and certain subsidiaries of the Operating Partnership entered into a seventh amendment (the “ Seventh Amendment ”) to its senior unsecured term loan agreement, dated as of September 29, 2016 (as amended, the “ Term Loan Agreement ”), with PNC Bank, National Association, as administrative agent and a lender, and U.S. Bank National Association and Truist Bank, as lenders.”
Allison E. Marino changed role as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at Easterly Government Properties, Inc..
“Allison E. Marino, Senior Vice President and Chief Accounting Officer of the Company, to Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company, effective, in each case, January 1, 2024.”
Meghan G. Baivier changed role as President and Chief Operating Officer at Easterly Government Properties, Inc..
“the Board promoted Meghan G. Baivier, Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Company, to President and Chief Operating Officer of the Company”
William H. Binnie was appointed as Chairman of the Board at Easterly Government Properties, Inc..
“Upon his appointment, William H. Binnie, currently the Board’s Lead Independent Director, will replace Mr. Crate as Chairman of the Board.”
Darrell W. Crate was appointed as Chief Executive Officer at Easterly Government Properties, Inc..
“the Board appointed Darrell W. Crate, Chairman of the Board, to serve as Chief Executive Officer of the Company, effective January 1, 2024.”
William C. Trimble, III retired as Chief Executive Officer and President at Easterly Government Properties, Inc..
“Mr. Trimble will retire from his positions as Chief Executive Officer and President of the Company and as a member of the Company’s board of directors (the “Board”) effective December 31, 2023 (the “Effective Date”).”
Earnings Releases
Easterly Government Properties, Inc. reported the third quarter ended September 30, 2023 results: net income $6.1 million, EPS $0.06 per share on a fully diluted basis.
“Net income of $6.1 million, or $0.06 per share on a fully diluted basis”
Material Agreements
Easterly Government Properties, Inc. amended Seventh Amendment to Purchase Agreement with US Federal Properties Co., LLC affiliates valued at aggregate contractual purchase price reduced to approximately $619.7 million (effective 2023-08-17).
“On August 17, 2023, the JV entered into a seventh amendment to the Purchase Agreement (the “PSA Amendment”) with the Sellers. The PSA Amendment (i) reduces the aggregate contractual purchase price set forth in the Purchase Agreement to approximately $619.7 million and (ii) modifies the terms for calculating the purchase price adjustment in connection with the closing of the remaining two Portfolio Acquisition properties.”
Earnings Releases
Easterly Government Properties, Inc. reported the quarter ended June 30, 2023 results: net income $5.8 million, EPS $0.05 per share on a fully diluted basis. Guidance raised.
“Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended June 30, 2023. Highlights for the Quarter Ended June 30, 2023: • Net income of $5.8 million, or $0.05 per share on a fully diluted basis”
Material Agreements
Easterly Government Properties, Inc. amended Term Loan Amendment with PNC Bank, National Association, as administrative agent, and the other lenders party thereto (effective 2023-05-30).
“On May 30, 2023, the Company, the Operating Partnership and certain of the Company’s subsidiaries entered into a sixth amendment (the “Term Loan Amendment”) to its senior unsecured term loan agreement, dated as of September 29, 2016, with PNC Bank, National Association, as administrative agent, and certain lenders party thereto from time to time (as amended, the “Term Loan Agreement”).”
Material Agreements
Easterly Government Properties, Inc. amended Credit Agreement Amendment with Citibank, N.A., as administrative agent, and the other lenders party thereto (effective 2023-05-30).
“On May 30, 2023, Easterly Government Properties, Inc. (the “Company”), its operating partnership, Easterly Government Properties LP (the “Operating Partnership”), and certain subsidiaries of the Operating Partnership entered into the Third Amendment to Second Amended and Restated Credit Agreement (the “Credit Agreement Amendment”) with Citibank, N.A., as administrative agent, Wells Fargo Bank, N.A. and PNC Bank, National Association, as co-syndication agents, BMO Harris Bank, N.A., Raymond James Bank, Royal Bank of Canada and Truist Bank, as co-documentation agents, and Citibank, N.A., Wells Fargo Securities, LLC and PNC Capital Markets LLC, as joint lead arrangers and joint book running managers, and the other banks, financial institutions and other institutional lenders party thereto as initial lenders and initial issuing banks, which amended certain terms of the Second Amended and Restated Credit Agreement, dated as of July 23, 2021 (as amended, the “Credit Agreement”).”
Shareholder Votes
Easterly Government Properties, Inc. shareholders approved Ratification of the Audit Committee’s appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-02 meeting.
“Proposal No. 3 : Ratification of the Audit Committee’s appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain 78,358,298 2,191,405 132,143”
Shareholder Votes
Easterly Government Properties, Inc. shareholders approved Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers at the 2023-05-02 meeting.
“Proposal No. 2 : Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Votes 66,441,033 2,438,722 208,577 11,593,514”
Shareholder Votes
Easterly Government Properties, Inc. shareholders voted on Election of eight director nominees at the 2023-05-02 meeting.
“Proposal No. 1 : The election of eight director nominees, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified. Nominee For Against Abstain Broker Non-Votes Darrell W. Crate 52,435,588 13,845,078 2,807,671 11,593,509 William C. Trimble, III 68,224,507 773,580 90,249 11,593,510 Michael P. Ibe 63,604,330 5,394,057 89,947 11,593,512 William H. Binnie 63,377,213 5,620,364 90,758 11,593,511 Cynthia A. Fisher 42,773,393 23,523,982 2,790,963 11,593,508 Scott D. Freeman 67,376,793 1,622,490 89,053 11,593,510 Emil W. Henry, Jr. 63,121,571 5,875,611 91,156 11,593,508 Tara S. Innes 67,461,373 1,548,578 78,386 11,593,509”
Earnings Releases
Easterly Government Properties, Inc. reported the quarter ended March 31, 2023 results: net income Net income of $4.4 million, or $0.04 per share on a fully diluted basis, EPS $0.04 per share on a fully diluted basis.
“today announced its results of operations for the quarter ended March 31, 2023. Highlights for the Quarter Ended March 31, 2023: • Net income of $4.4 million, or $0.04 per share on a fully diluted basis”
Earnings Releases
Easterly Government Properties, Inc. reported the year ended December 31, 2022 results: net income $35.6 million, EPS $0.35 per share.
“Net income of $35.6 million, or $0.35 per share on a fully diluted basis”
Earnings Releases
Easterly Government Properties, Inc. reported the quarter ended December 31, 2022 results: net income $18.4 million, EPS $0.18 per share.
“Net income of $18.4 million, or $0.18 per share on a fully diluted basis”
Material Agreements
Easterly Government Properties, Inc. amended Term Loan Amendment with PNC Bank, National Association, as administrative agent, and certain lenders party thereto (effective 2022-11-29).
“On November 29, 2022, the Company, the Operating Partnership and certain of the Company’s subsidiaries entered into a fifth amendment (the “Term Loan Amendment”) to its senior unsecured term loan agreement, dated as of September 29, 2016, with PNC Bank, National Association, as administrative agent, and certain lenders party thereto from time to time”
Material Agreements
Easterly Government Properties, Inc. amended Credit Agreement Amendment with Citibank, N.A., as administrative agent, and the other lenders and agents party thereto (effective 2022-11-23).
“On November 23, 2022, Easterly Government Properties, Inc. (the “Company”), its operating partnership, Easterly Government Properties LP (the “Operating Partnership”), and certain subsidiaries of the Operating Partnership entered into the Second Amendment to Second Amended and Restated Credit Agreement (the “Credit Agreement Amendment”) with Citibank, N.A., as administrative agent, Wells Fargo Bank, N.A. and PNC Bank, National Association, as co-syndication agents, BMO Harris Bank, N.A., Raymond James Bank, Royal Bank of Canada and Truist Bank as co-documentation agents, and Citibank, N.A., Wells Fargo Securities, LLC and PNC Capital Markets LLC, as joint lead arrangers and joint book running managers, and the other banks, financial institutions and other institutional lenders party thereto as initial lenders and initial issuing banks, which amended certain terms of the Second Amended and Restated Credit Agreement”
Earnings Releases
Easterly Government Properties, Inc. reported the nine months ended September 30, 2022 results: net income $17.1 million, EPS $0.17 per share on a fully diluted basis.
“Net income of $17.1 million, or $0.17 per share on a fully diluted basis”
Earnings Releases
Easterly Government Properties, Inc. reported the quarter ended September 30, 2022 results: net income $0.7 million, EPS $0.01 per share on a fully diluted basis.
“Net income of $0.7 million, or $0.01 per share on a fully diluted basis”
Allison E. Marino was appointed as Senior Vice President and Chief Accounting Officer at Easterly Government Properties, Inc..
“Effective August 9, 2021, Easterly Government Properties Trust, Inc. (the “Company”) appointed Allison E. Marino to serve as the Company’s Senior Vice President and Chief Accounting Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.