Fire again hits Westside high-rise, prompting new call to close sprinkler loophole [Los Angeles Times (CA)]
Douglas Emmett, Inc. (DEI)
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Source: Los Angeles Times
For a terrifying few minutes, the man clung to the side of the 25-story high-rise as flames consumed an apartment unit just a few feet away. He contemplated jumping, authorities said, but was persuaded to hang on until a firefighter atop a tall ladder collected him safely. The scene played out Wednesday morning above Wilshire Boulevard at Barrington Plaza, a sprawling Westside apartment complex where a fire in the same tower in 2013 caused serious injuries. With hundreds of firefighters battling the flames Wednesday, at least 15 tenants who raced to the rooftop were airlifted from danger by hovering helicopters, while others described crawling on their bellies to escape smoke-filled hallways. The fire left 13 people injured, one of them gravely, and renewed calls for Los Angeles elected officials to require sprinklers in all high-rise residential buildings. Barrington Plaza had none, authorities said — one of 55 residential high-rises built between 1943 and 1974 that are exempt from t
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- Douglas Emmett, Inc. (NYSE: DEI) was upgraded by analysts at Scotiabank from a "sector perform" rating to a "sector outperform" rating. They now have a $21.00 price target on the stock, up previously from $16.00.MarketBeat
- Douglas Emmett, Inc. (NYSE: DEI) had its price target raised by analysts at Evercore ISI from $16.00 to $19.00. They now have an "in-line" rating on the stock.MarketBeat
- Douglas Emmett Inc (DEI) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Douglas Emmett Releases Third Quarter 2024 Earnings Results [Yahoo! Finance]Yahoo! Finance
- Douglas Emmett Releases Third Quarter 2024 Earnings ResultsBusiness Wire
DEI
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- 11/4/24 - Beat
DEI
Sec Filings
- 11/8/24 - Form 10-Q
- 11/8/24 - Form SC
- 11/4/24 - Form 8-K
- DEI's page on the SEC website