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Sydnee Gatewood
Sydnee Gatewood
Articles (3098) 

Ron Baron Comments on Douglas Emmett

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October 20, 2020 | About:
Douglas Emmett, Inc. (NYSE:DEI) is a REIT with a portfolio of office and apartment properties located in west Los Angeles and Hawaii. The stock fell on investor concerns that a portion of tenants would be unable to pay rent in a timely manner (in some instances as a result of new municipal laws). We retain conviction owing to Douglas Emmett's irreplaceable portfolio, attractive sub-markets, and low debt levels.

From Ron Baron (Trades, Portfolio)'s Baron Partners Fund third-quarter 2020 shareholder letter.

About the author:

Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg

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