Douglas Emmett, Inc., a real estate investment trust listed on the NYSE with the ticker symbol DEI, has secured new loans for eight residential properties in Santa Monica, California. The total amount of the new loans is around $941 million, with a fixed interest rate of 4.80%, maturing in September 2030. These secured, non-recourse, interest-only loans have replaced previous loans totaling $550 million, set to mature on June 1, 2027, and five loans totaling $380 million.