- CEO
- Jordan L. Kaplan
- Full Time Employees
- 770
- Sector
- Real Estate
- Industry
- REIT - Office
- Address
- 1299 Ocean Avenue Santa Monica CA United States of America 90401
- IPO Date
- Oct 25, 2006
- Business
- Douglas Emmett, Inc. is a publicly traded real estate investment trust (REIT) specializing in the ownership, acquisition, development, and management of high-quality Class A office properties and multifamily residential communities primarily located in premier coastal submarkets of Los Angeles, California and Honolulu, Hawaii. The company’s core products and services include office space leasing; multifamily apartment rentals; property management; asset management; leasing and tenant services such as parking and storage rental. Its portfolio comprises approximately 18 million rentable square feet of office space and over 5,000 apartment units across multiple submarkets including Beverly Hills, Brentwood, Century City, Santa Monica, and Burbank. Douglas Emmett operates with an integrated business model featuring in-house leasing, construction, and legal teams, enabling proactive asset management and efficient tenant leasing processes.
Founded in 1971 and headquartered in Santa Monica, California, Douglas Emmett maintains a strategic focus on property locations with significant supply constraints, high-end executive housing, and lifestyle amenities, targeting technology, entertainment, media, and professional services tenants. The company operates through its operating partnership, subsidiaries, and consolidated joint ventures, managing a diversified property portfolio that also includes fee interests in select land parcels.
In the last 1-2 years, Douglas Emmett has executed more than $300 million in property acquisitions and over $50 million in capital improvements, signaling strategic growth and portfolio enhancement. A notable recent acquisition includes a 247,000 square foot office tower combined with a residential development site secured in early 2025. The company also undertook refinancing of nearly $941 million in non-recourse residential property loans at a fixed 4.80% interest rate, demonstrating strategic financial management amid operational challenges in the office leasing market. Despite short-term headwinds reflected in a net loss reported in Q3 2025 due to higher operating expenses and occupancy pressures, Douglas Emmett remains committed to stabilizing earnings by focusing on premium office and multifamily assets in supply-constrained, high-barrier-to-entry markets.
Douglas Emmett’s strategic positioning and business model emphasize acquiring and managing top-tier office and multifamily properties in Southern California and Hawaii, differentiating itself through a robust service-oriented approach and targeted capital improvements to maintain competitiveness and tenant satisfaction.
This comprehensive approach supports the company’s long-standing presence and growth in the REIT sector, delivering office and residential real estate solutions to a diverse and prestigious tenant base across geographically strategic and economically resilient submarkets in the United States.