Douglas Emmett Appoints Kevin Crummy as Chief Investment Officer
SANTA MONICA, Calif., July 24, 2014
SANTA MONICA, Calif., July 24, 2014 /PRNewswire/ -- Douglas Emmett, Inc.
(NYSE:DEI), a real estate investment trust (REIT), announced today that Mr.
Kevin Crummy joined its executive management team as its Chief Investment
Officer. Prior to joining Douglas Emmett, Mr. Crummy spent 20 years at
Eastdil Secured, a real estate investment banking company, where he was a
Managing Director focused on sales and recapitalizations in Los Angeles,
Hawaii and the other major West Coast markets. Mr. Crummy also led the
Eastdil Secured team that sourced Asian capital for real estate transactions
in the United States and Europe. Mr. Crummy holds a Bachelor of Business
Administration and a Master of Science in Real Estate and Urban Land Economics
from the University of Wisconsin School of Business.
Commenting on Mr. Crummy's appointment, Jordan Kaplan, President & CEO said,
"I have worked closely with Kevin for almost 20 years while he was at Eastdil
Secured and have come to trust his experience and judgment. He will be a
great addition to our senior management team."
About Douglas Emmett, Inc.
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and
self-managed real estate investment trust (REIT), and one of the largest
owners and operators of high-quality office and multifamily properties located
in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett
focuses on owning and acquiring a substantial share of top-tier office
properties and premier multifamily communities in neighborhoods that possess
significant supply constraints, high-end executive housing and key lifestyle
amenities. For more information about Douglas Emmett, please visit our
Safe Harbor Statement
Except for the historical facts, the statements in this press release
regarding Douglas Emmett's business activities are forward-looking statements
based on the beliefs of, assumptions made by, and information currently
available to us about 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 inevitably prove to be incorrect. As a result, our
actual future results can be expected to differ from our expectations, and
those differences may be material. Accordingly, investors should use caution
in relying on forward-looking statements to anticipate future results or
trends. For a discussion of some of the risks and uncertainties that could
cause actual results to differ from those contained in the forward-looking
statements, see "Risk Factors" in our Annual Report on Form 10-K filed with
the U.S. Securities and Exchange Commission.
Stuart McElhinney, Vice President – Investor Relations
SOURCE Douglas Emmett, Inc.
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