Douglas Emmett Inc a Maryland corporation was formed on June 28, 2005. The Company is a self-administered and self-managed real estate investment trust and owns and operates office and multifamily properties located in California and Hawaii. It operates in two business segments; Office Properties and Multifamily Properties. It owns, acquires and operates a substantial share of top-tier office properties and multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. In its multifamily portfolio, it owns and acquires selected properties at locations within these same submarkets. The Company's properties are concentrated in nine Los Angeles County submarkets; Brentwood, Olympic Corridor, Century City, Santa Monica, Beverly Hills, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills and Burbankas well as in Honolulu, Hawaii. It provides all property management services for its Los Angeles County properties. The Company's properties are subject to various covenants, laws, ordinances and regulations, including regulations relating to common areas and fire and safety requirements.