Douglas Emmett, Inc. (NYSE:DEI) Q2 2024 Earnings Conference Call August 9, 2024 2:00 PM ET

Company Participants

Stuart McElhinney - Vice President of Investor Relations
Jordan Kaplan - President and Chief Executive Officer
Kevin Crummy - Chief Investment Officer
Peter Seymour - Chief Financial Officer

Conference Call Participants

Blaine Heck - Wells Fargo
Alexander Goldfarb - Piper Sandler
Michael Griffin - Citi
Steve Sakwa - Evercore ISI
John Kim - BMO Capital Markets
Upal Rana - KeyBanc Capital Markets
Peter Abramowitz - Jefferies
Camille Bonnel - Bank of America
Richard Anderson - Wedbush

Operator

Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Conference Call. Today's call is being recorded. At this time, all 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 website 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 website. 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 expected to differ from our expectations and those differences may be material. For a more detailed description of some potential risks, please refer to our SEC filings, which can be found in the Investor Relations section of our website. When we reach the question-and-answer portion in consideration of others, please limit yourself to one question and one follow-up.

I will now turn the call over to Jordan.

Jordan Kaplan

Good morning and thank you for joining us. Many of our most important operating metrics are comparable to or even better than levels before the pandemic. Rental rates have held and continue to show strength.