Market Capitalization (Millions $) |
2,715 |
Shares
Outstanding (Millions) |
154 |
Employees |
273 |
Revenues (TTM) (Millions $) |
1,001 |
Net Income (TTM) (Millions $) |
-41 |
Cash Flow (TTM) (Millions $) |
18 |
Capital Exp. (TTM) (Millions $) |
173 |
Douglas Emmett Inc
Douglas Emmett Inc. is a real estate investment trust (REIT) that primarily focuses on the acquisition, ownership, and operation of office and multifamily properties in Los Angeles and Honolulu. The company was founded in 2005, and it is based in Santa Monica, California.
As of December 31, 2020, Douglas Emmett Inc. owned or had interests in a portfolio of 65 office properties, totaling approximately 18.3 million rentable square feet and 11 multifamily properties, totaling approximately 3,300 units, in some of the most desirable areas of Los Angeles and Honolulu. The company's office properties are located in submarkets such as Beverly Hills, Brentwood, Century City, Santa Monica, and Westwood in Los Angeles, as well as Waikiki in Honolulu.
The company's property portfolio consists of Class A properties that are in high demand among large corporate tenants and affluent residents seeking premium housing options. The company leases its properties through long-term leases to a diverse mix of tenants from various industries such as entertainment, finance, law, real estate, media, and technology.
Douglas Emmett Inc. also has a strong track record of disciplined capital allocation, strategic acquisitions, and innovative value-enhancement measures such as property repositioning, renovation and lease-up, and asset recycling. The company actively seeks opportunities to acquire additional properties in established submarkets with high barriers to entry, where it can leverage its local market expertise, long-standing relationships with tenants, and economies of scale to generate attractive risk-adjusted returns.
Moreover, Douglas Emmett Inc. is committed to sustainability and energy efficiency across its entire portfolio. The company has implemented a range of eco-friendly initiatives such as solar power generation, green building certifications, water conservation, and waste reduction programs.
Overall, Douglas Emmett Inc. is a well-established and financially stable REIT with a premier portfolio of high-quality office and multifamily assets in some of the most desirable locations in Los Angeles and Honolulu. The company's experienced management team, disciplined capital allocation strategy, and commitment to sustainability position it for long-term success and value creation for its stakeholders.
Company Address: 1299 Ocean Avenue Santa Monica 90401 CA
Company Phone Number: 255-7700 Stock Exchange / Ticker: NYSE DEI
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