Investing In Office Properties - Discussion With Easterly Properties

Hoya Capital

Investing In Office Properties - Discussion With Easterly Properties In the News All DEA Apr 7 Written By Alex Pettee, CFA Hoya Capital Easterly Government (DEA) is a small-cap office REIT ($1.1B market-cap) with a unique focus on properties leased to U.S. government agencies. DEA owns 90 properties across a national footprint, with 99% of leases backed by the United States government. DEA pays a 10%+ dividend yield with a relatively healthy balance sheet - particularly for a small-cap office REIT.

Founder and Chairman Darrell Crate joins the Hoya Hotseat to discuss the company's strategy of tailoring facilities to meet the unique needs of each US Government agency. He notes the steady growth nature of government spending, particularly for mission-critical activities, and shared Easterly's journey, starting as a private equity business in 2009 and going public in 2015. Continue reading ▶︎ Interviews Press All Discussion With DEA Alex Pettee, CFA Transcript Darl, I'm so happy to see you, man.

It feels like we were just in Vegas yesterday and my how things have changed since we were in Vegas just a few weeks ago. Uh it seems like you're being quoted in a story every single week right now. Whether it's the journal, whether it's Co-Star, uh you're keeping your IR folks very busy and so I'm very honored. Uh, you know, I know we have a great relationship, but I really appreciate you taking some time to chat with us.

Just want to make sure you do see the screen up on you see the presentation up on the screen. I do. Oh, I don't see it up on the screen, but I but it's great to see you, David. Oh, you do not see my presentation. Let me try this again. Stop. Share. Glad I'm glad we're doing this quality control. Share. It says it's sharing. There it is.

It's sharing now. Okay, good. Um, so we're going ...