douglas emmett inc (D8K:Berlin)
Transactions by DOUGLAS EMMETT INC (D8K) in the last 6 months
Douglas Emmett Inc (NYSE:DEI) entered into a purchase and sale agreement to acquire First Financial Office Property in Encino from Hudson Pacific Properties, Inc. (NYSE: HPP) for $89 million on December 29, 2014. The deal is subject to satisfaction of certain conditions and obligations and assumption of an existing $43 million loan by Douglas Emmett. The deal is expected to close in first quarter of 2015.
Douglas Emmett Inc (NYSE:DEI) acquired Waena Apartments from Carmel Partners, Inc. for approximately $150 million on December 30, 2014. The acquisition is financed through Douglas Emmett Inc’s credit line. David Asakura of Commercial Asset Advisors acted as real-estate broker for Carmel Partners.
Douglas Emmett, Inc. (NYSE: DEI) acquired Carthay Campus from Cambra Realty for $75.3 million on October 16, 2014. Douglas Emmett financed the purchase using available cash and a portion of its credit line.
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