Fire again hits Westside high-rise, prompting new call to close sprinkler loophole [Los Angeles Times (CA)]
Douglas Emmett, Inc. (DEI)
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Source: Los Angeles Times
For a terrifying few minutes, the man clung to the side of the 25-story high-rise as flames consumed an apartment unit just a few feet away. He contemplated jumping, authorities said, but was persuaded to hang on until a firefighter atop a tall ladder collected him safely. The scene played out Wednesday morning above Wilshire Boulevard at Barrington Plaza, a sprawling Westside apartment complex where a fire in the same tower in 2013 caused serious injuries. With hundreds of firefighters battling the flames Wednesday, at least 15 tenants who raced to the rooftop were airlifted from danger by hovering helicopters, while others described crawling on their bellies to escape smoke-filled hallways. The fire left 13 people injured, one of them gravely, and renewed calls for Los Angeles elected officials to require sprinklers in all high-rise residential buildings. Barrington Plaza had none, authorities said — one of 55 residential high-rises built between 1943 and 1974 that are exempt from t
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- Is the eviction of hundreds of renters from Barrington Plaza legal? A court case to decide is now underway. [Los Angeles Times (CA)]Los Angeles Times
- Douglas Emmett Announces Dates for Its 2024 First Quarter Earnings Results and Live Conference CallBusiness Wire
- Douglas Emmett, Inc. (NYSE: DEI) had its price target lowered by analysts at Piper Sandler from $17.00 to $15.00. They now have a "neutral" rating on the stock.MarketBeat
- Douglas Emmett to Present at 2024 Citi Global Property CEO ConferenceBusiness Wire
- Douglas Emmett Declares Quarterly Cash DividendBusiness Wire
DEI
Earnings
- 2/6/24 - Beat
DEI
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- 4/19/24 - Form ARS
- 4/19/24 - Form DEF
- 2/16/24 - Form 10-K
- DEI's page on the SEC website