Douglas Emmett, Inc. (DEI) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.015 Ladies and gentlemen, thank you for standing by. 00:00:03.015 -- 00:00:06.300 Welcome to Douglas Emmett's quarterly earnings call. 00:00:06.300 -- 00:00:09.285 Today's call is being recorded. 00:00:09.285 -- 00:00:13.090 At this time, all participants are in a listen-only mode. 00:00:13.090 -- 00:00:16.555 After management's prepared remarks, you will receive instructions for participating 00:00:16.555 -- 00:00:19.179 in the question and answer session. 00:00:19.179 -- 00:00:23.946 I will now turn the conference over to Stuart McElhenney, Vice President, Investor Relations 00:00:23.946 -- 00:00:27.098 of Douglas Emmett. Please go ahead. 00:00:27.098 -- 00:00:31.824 Thank you. Joining us today on the call are Jordan Kaplan, our chairman and CEO, Kevin 00:00:31.824 -- 00:00:35.748 Crummey, our CIO, and Peter Seymour, our CFO. 00:00:35.748 -- 00:00:39.633 This call is being webcast live from our website and will be available for replay during 00:00:39.633 -- 00:00:44.218 the next 90 days. You can also find our earnings package at the investor relations section 00:00:44.218 -- 00:00:49.344 of our website. You can find reconciliations of non-GAAP financial measures discussed 00:00:49.344 -- 00:00:52.248 during today's call in the earnings package. 00:00:52.248 -- 00:00:54.790 During this call, we will make forward-looking statements. 00:00:54.790 -- 00:00:59.054 These forward-looking statements are based on the beliefs of, assumptions made by, and 00:00:59.054 -- 00:01:03.799 information currently available to us. Our actual results will be affected by known and 00:01:03.799 -- 00:01:08.484 unknown risks, trends, uncertainties, and factors that are beyond our control or ability 00:01:08.484 -- 00:01:13.569 to predict. Although we believ...