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Douglas Emmett Takes On $350 Million in Debt for Future Investments

New Loan Is Secured by Apartment High-Rises in Los Angeles, Honolulu
Douglas Emmett is converting its Bishop Place office high-rise in Honolulu into multifamily rental units. (CoStar)
Douglas Emmett is converting its Bishop Place office high-rise in Honolulu into multifamily rental units. (CoStar)
CoStar News
August 7, 2023 | 9:29 P.M.

Los Angeles office and apartment owner Douglas Emmett has opted to take on more debt for two of its high-rise apartment properties not previously subject to loans as it eyes future investments.

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