Douglas Emmett, Inc. (DEI) Q1 2025 Earnings Call Transcript


Douglas Emmett, Inc. (NYSE:DEI) Q1 2025 Earnings Conference Call May 7, 2025 2:00 PM ET

Company Participants

Stuart McElhinney – VP, IR
Jordan Kaplan – President and CEO
Kevin Crummy – CIO
Peter Seymour – CFO

Conference Call Participants

Steve Sakwa – Evercore ISI
Nick Yulico – Scotiabank
Connor Michel – Piper Sandler
Rich Anderson – Wedbush
Peter Abramowitz – Jefferies
Upal Rana – KeyBanc Capital Markets
Seth Bergey – Citi
Jana Galan – Bank of America
John Kim – BMO Capital Markets
Dylan Burzinski – Green Street
Anthony Paolone – JP Morgan

Operator

Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett’s Quarterly Earnings Call. Today’s call is being recorded. At this time, all the participants are in a listen-only mode. After management’s prepared remarks, you will receive instructions for participating in the question-and-answer session. I will now turn the conference over to Stuart McElhinney, Vice President of Investor Relations for Douglas Emmett. Please go ahead.

Stuart McElhinney

Thank you. Joining us today on the call are Jordan Kaplan, our President and CEO; Kevin Crummy, our CIO; and Peter Seymour, our CFO. This call is being webcast live from our Web site and will be available for replay during the next 90 days. You can also find our earnings package at the Investor Relations section of our Web site. You can find reconciliations of non-GAAP financial measures discussed during today’s call in the earnings package. During the course of this call, we will make forward-looking statements. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to us. Our actual results will be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will prove to be incorrect. Therefore, our actual future results can be



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