Recent Updates — DEI
Douglas Emmett, Inc. reported second quarter 2026 financial results showing revenues of $257 million and a net loss attributable to common stockholders of $3 million, compared to $252 million in revenue and a $6 million loss in the prior year period. Funds from operations (FFO) per fully diluted share remained flat at $0.37, while Adjusted Funds From Operations (AFFO) increased to $56 million from $54 million. The company acquired The Bedford Collection, a 246,000-square-foot medical office portfolio in Beverly Hills for $260 million through a joint venture in which it holds a 13.3% equity stake. Additionally, Douglas Emmett refinanced two office loans totaling $815 million with new four-year non-recourse debt effectively fixed at just over 6% per annum. The company lowered its 2026 office occupancy guidance to between 75% and 77% due to Studio Plaza's inclusion but expects diluted net loss per share to be between $(0.20) and $(0.16). Douglas Emmett, Inc. is a real estate investment trust that owns and operates Class A office properties and multifamily residential units in Los Angeles and Honolulu.