Douglas Emmett Inc
For the period ended Mar 31, 2026. Filed May 8, 2026.
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Mar 31, 2026 · Filed May 8, 2026
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Subsequent Events
- Subsequent Events
In April 2026, a new joint venture managed by us acquired The Bedford Collection, afive-building medical office portfolio, totaling 246,000 square feet in the Beverly Hills Golden Triangle for $260 million. We hold a 13% stake in the joint venture's $150 million of equity. The joint venture also borrowed $130 million secured by a non-recourse, interest-only first trust deed loan that matures in April 2031. The loan bears interest at SOFR plus 1.7%, which we fixed at 5.26% with interest rate swaps through April 2030.
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