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


PRESS RELEASE: WEBSITE RELEASES DATA ON 500 COMPANIES LINKED TO QATARI ROYAL FAMILY & STATE SOVEREIGN WEALTH FUND Pinned Post!

Posted: July 17th, 2018

Los Angeles, CA: The research website, DE-Tenants.org, a project of Operating Engineers, Local 501, today released data and primary records on over 500 companies from over 40 international jurisdictions linked to Qatar’s ruling Al Thani family and the nation’s sovereign wealth fund, the Qatar Investment Authority (QIA). An accompanying data table for the records details assets and holdings for many of the entities.


Tagged: More on Qatar - Al Thani Family, More On Qatar - About the QIA, More on Qatar - Offshore Assets

Ford v Douglas Emmett

Posted: May 15th, 2019

DE-Tenants.org is updating a lawsuit we previously reported. On May 10, 2018, Anthony W. Ford filed a class action lawsuit against Douglas Emmett Management, LLC. In the lawsuit, it is alleged that Douglas Emmett systematically refused to pay wages for overtime work, failed to provide legally...


Tagged: Douglas Emmett Lawsuits

Download Santa Monica Rent Data

Posted: February 4th, 2019

DE-Tenants.org has published a post explaining Santa Monica’s rent control ordinance HERE. Per the ordinance, Santa Monica rents consist of three things: a Maximum Allowable Rent (MAR), which is the main part of the rent; a “pass-through” equivalent to half of the annual registration fee that the city’s Rent Control Board charges for each unit; and surcharges, line items from the owner’s property tax bill...


Tagged:

Santa Monica Rent Control

Posted: February 4th, 2019

Santa Monica’s rent control ordinance dates back to 1979, and it has undergone significant revision since 1995. Per the ordinance, Santa Monica rents consist of three things: a Maximum Allowable Rent (MAR), which is the main part of the rent; a “pass-through” equivalent to half of the annual registration fee that the city’s Rent Control Board charges for each unit; and surcharges, line items from the owner’s property tax bill.


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 - Executive Compensation

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