Douglas Emmett, Inc. (NYSE:DEI) will seek acquisitions. During the Quarterly Earnings Call Jordan Kaplan President and Chief Executive Officer said, "Our residential portfolio is fully leased, with rents rising in all of our submarkets. Despite the recent California eviction moratorium extensions, past due rent collection continues to accelerate without any meaningful rent forgiveness.

Office and residential rent collection for the quarters affected by the pandemic improved to 97%, while retail rose to almost 70%. We continue to deliver highly accretive development projects, while extending and lowering our cost of debt. And we have the capital to pursue new acquisitions and develop opportunities as they emerge".

Kevin Crummy CIO said, "Our overall portfolio weighted average interest rate is fixed at only 2.94%, and we have no term debt maturities before 2024. We also have significant financing capacity as 46% of our office properties are currently unencumbered. Office property sales in our markets remained slow, but we are starting to see some multifamily opportunities, and we have ample liquidity for acquisitions as they become available".