 Douglas Emmett, Inc. NYSE: DEI, a real estate investment trust REIT, announced today that it has refinanced a 400 million loan previously scheduled to mature in July 2024. The new secured, non-recourse 450 million interest-only loan will mature in May 2027 and bears interest at Libor plus 1.35. Douglas Emmett secured interest rate swaps that effectively fix the rate at 2.26 following the expiration of the current swap, for an average fixed interest rate of 2.60 per annum through April 2025. 