Douglas Emmett Inc Announces Resignation of David T. Feinberg as Member of Board of Directors
September 11, 2015 at 09:05 pm
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Effective September 9, 2015, Dr. David T. Feinberg resigned as a member of the Board of Directors of Douglas Emmett Inc. Dr. Feinberg's long-term incentive plan units will continue to vest on their current terms through year end.
Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed REIT. The Company owns and operates office and multifamily properties located in premier coastal submarkets in Los Angeles and Honolulu. The Company's properties are located in the Beverly Hills, Brentwood, Burbank, Century City, Olympic Corridor, Santa Monica, Sherman Oaks/Encino, Warner Center/Woodland Hills and Westwood submarkets of Los Angeles County, California, and in Honolulu, Hawaii. The Company operates through two segments: the office segment and the multifamily segment. The Company's segments include the acquisition, development, ownership and management of office and multifamily real estate. The services of its office segment include primarily the rental of office space and other tenant services, including parking and storage space rental. The services of its multifamily segment include primarily the rental of apartments and other tenant services, including parking and storage space rental.