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DEI-News
DEI-Events
Company Reports Q2 Revenue of $256.548M
Reports Q2 revenue $256.548M, consensus $252.79M.
Company Expects 2026 Net Loss Per Share Between $(0.20) and $(0.16)
The company said, "Our operating income expectations have improved from our prior projections, but we anticipate that this improvement will be more than offset by the impact of higher market interest rates. Therefore, we now expect our 2026 Net Loss Per Common Share - Diluted to be between $(0.20) and $(0.16), and FFO per fully diluted share to be between $1.39 and $1.43.
Q1 Revenue Reaches $250.96M
Reports Q1 revenue $250.96M, consensus $250.36M.
Douglas Emmett Confirms FY26 FFO View at $1.39-$1.45
Douglas Emmett backs FY26 FFO view $1.39-$1.45, consensus $1.41
Douglas Emmett Acquires Beverly Hills Medical Portfolio for $260 Million
Douglas Emmett "announced the acquisition of the Bedford Collection, a premier 246,000-square-foot outpatient medical portfolio located on Bedford Drive in the prestigious Beverly Hills "Golden Triangle." This portfolio represents approximately 80% of the entire 400 block of Bedford with the exception of a public parking garage. The $260 million acquisition was executed through a newly formed $150 million equity joint venture managed by Douglas Emmett, who contributed 13% of the equity. The purchase was financed using a $130 million secured, non-recourse, interest-only, first trust deed loan. The loan matures in April 2031 and carries an interest rate of SOFR plus 1.70%."
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