Douglas Emmett Tenants
A forum for those who live and work at Douglas Emmett facilities to discuss issues and stay informed
A project of the Operating Engineers, Local 501

Download Santa Monica Rent Data

Updated: February 4th, 2019

The data, downloadable in Excel format, allows tenants to compare their rent to their peers in similarly sized units using the sorting function. The data include a unit-by-unit breakdown with all rents, utilities, parking spaces, move-in dates and rate hikes. This information is publically available and is intended to help tenants make informed decisions as they navigate Santa Monica’s overheated real estate market. The information helps to level the playing field with your landlord who relies on the asymmetry of information (they know all the rents but you only know yours) to extract as much money as possible from you.

Tagged: Tenant Issues - Rent Control Data

Santa Monica Rent Control

Updated: February 4th, 2019

Santa Monica’s rent control ordinance dates back to 1979, and it has undergone significant revision since 1995. Santa Monica’s rent control ordinance works by limiting annual rent increases during your tenancy. The initial rent agreed to at the beginning of your tenancy establishes your base rent. Subsequently, when you renegotiate your annual lease and associated rent increase, the ordinance limits the maximum permissible rent increase and specifies the Maximum Allowable Rent (MAR). When a tenant vacates the unit, the landlord can return the rent amount to market levels.

Tagged: Tenant Issues - Rent Control Data

Douglas Emmett Inc. Renews Executive Contracts

Posted: January 23rd, 2019

Three executives at Douglas Emmett Inc. have received renewed 5-year employment agreements. The Los Angeles-based real estate trust’s chief executive officer, chief operations officer and chief investment officer all received generous contracts extending their employment until 2023 even though the company pays many of its skilled engineers minimum wage to live in one of the country’s most expensive cities.

Tagged: Tenant Issues - Health, Safety & Maintenance, Tenant Issues - Executive Compensation

DE Quarterly Dividend

Posted: January 4th, 2019

On 6 December 2018, Douglas Emmett Inc. announced that its Board of Directors had declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis. The dividend will be paid on January 15, 2019, to shareholders of record as of December 31, 2018. This represents a 4% increase over the company’s prior 2018 quarterly dividend of $0.25.

Tagged: Tenant Issues - Health, Safety & Maintenance, Tenant Issues - Executive Compensation

Panama Government Investigates Companies Linked to Qatar Elites while Conducting Business with Qatari State

Posted: December 17th, 2018

While the Intendance for Supervision and Regulation of Non-Financial Subjects looks into the three companies linked to Qatari royalty, the Panamanian government is conducting business with the Qatari state. The Qatar Investment Authority—through its wholly owned real estate development subsidiary Qatari Diar—is working with London & Regional Properties Limited, a Colombian billionaire named Jaime Gilinski, and the Panamanian government to build a master-planned city of 20,000 new residential properties called Panama Pacifico, located on the banks of the Panama Canal.

Tagged: More on Qatar - Al Thani Family, More on Qatar - Offshore Assets

The Process – Finding Qatari Records in Panama

Posted: December 10th, 2018

Our last post revealed that three Panama-based firms with ties to Qatar’s Al Thani royal family had been named in a letter sent by the Intendance for Supervision and Regulation of Non-Financial Subjects, a Panamanian governmental entity responsible for supervising and regulating non-financial obligors. Its mandate concerns the prevention of money laundering, financing of terrorism, and financing of weapons of mass destruction. would like to walk our readers through the process of acquiring publicly available data from the Panama corporate registry.

Tagged: More on Qatar - Al Thani Family, More on Qatar - Offshore Assets

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Lease Library

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Please click here to see the rents, terms, and conditions of other past and current tenants at Douglas Emmett buildings