Douglas Emmett (NYSE: DEI) owns the boutique office and apartments of LA’s Westside and Honolulu: submarket dominance (Brentwood, Santa Monica, Beverly Hills adjacency) built over decades, tested by hybrid work, entertainment-industry contraction, and a 2023 dividend cut that reset expectations.
| Douglas Emmett (DEI) Snapshot | |
|---|---|
| Share Price (delayed) | $12.37 +1.56% |
| Market Cap | $2.0B |
| Annualized Dividend | $0.76 (Quarterly) |
| Dividend Yield | 6.24% |
| Sector | Office ยท LA & Honolulu Office/Multifamily |
Market data updates automatically several times daily. Last price refresh: Jul 14, 2026.
Business Model
The strategy is concentration as moat: owning enough of a supply-constrained submarket to set its pricing, with smaller-tenant office (law, finance, entertainment services) plus premier apartments. LA’s office recovery has lagged the nation as studios contracted, while the residential portfolio and Honolulu provide the stability the office side lost.
The Honest Risk Section
LA is the bet, for better and worse: entertainment-industry health, city regulation and taxes, and post-fire insurance economics all concentrate here, and the 2023 cut means the payout record restarts from zero. Irreplaceable submarkets, cyclically impaired demand.
Frequently Asked Questions
Did Douglas Emmett cut its dividend?
Yes, in 2023 amid the office downturn; the reduced payout is covered while LA’s office recovery lags national trends.
What does DEI own?
Class A office and luxury apartments concentrated in West Los Angeles submarkets and Honolulu, dominance built over decades.
Analysis reflects disclosures through Q1 2026. Live market data updates automatically. Independent research, not investment advice.