09:55 AM EDT, 09/08/2025 (MT Newswires) -- Douglas Emmett ( DEI ) said Monday it has obtained new loans of about $941 million covering eight residential properties.
The new loans mature in September 2030 and have interest at a fixed rate of 4.80%, the company said.
The new loans replace four loans of $550 million slated to mature June 1, 2027, and five loans totaling $380 million scheduled to mature June 1, 2029, Douglas Emmett ( DEI ) said.
The real estate investment trust said it has no loan maturities this year and is working to refinance its remaining 2026 loan maturities.
Price: 16.40, Change: -0.50, Percent Change: -2.93