Douglas Emmett Lands HQ Lease at LA Office Tower

April 20, 2026

Brokerage Los Angeles News Office More West

An alternative investment firm is relocating its West Coast headquarters.

View of 100 Wilshire, a Class A office building at 100 Wilshire Blvd. in Santa Monica, Calif. — 100 Wilshire, a Class A office building at 100 Wilshire Blvd. in Santa Monica, Calif. *Image courtesy of JLL*

Alternative investment firm Raven Capital has signed a new lease for 12,251 square feet of office space at 100 Wilshire, a 21-story, 252,536-square-foot Class A office building at 100 Wilshire Blvd. in Santa Monica, Calif. JLL represented Raven in lease negotiations with the building’s owner, Douglas Emmett.

The new space will serve as Raven’s West Coast headquarters. The tenant, which specializes in asset-based, non-sponsor private credit, is relocating from 7,256 square feet at 1335 4th St. in Santa Monica.

Founded in 2008 and owned by Dimitri Cohen, Gary Sumers, Jeremy Tucker and Chris Felice, Raven focuses on originating senior secured loans to middle-market borrowers. Over its history, Raven has deployed more than $3.3 billion across over 100 investments.

JLL Senior Managing Director Jim Schoolfield represented Raven Capital in the new lease.

Stable, with possible growth

The Los Angeles metro office market was showing signs of stabilization as the year opened, with modest net absorption of 236,000 square feet, according to a first-quarter report from JLL. In parallel with that, sublease availability has declined for six consecutive quarters. Office rents have largely been flat, though rising 12.9 percent year-over-year in trophy buildings.

The outlook for this year, according to JLL, includes increased demand from aerospace and defense occupiers.

Only days ago, Douglas Emmett demonstrated both its presence in the LA market—and its strategy of acquiring properties so as to build substantial, concentrated market share. A joint venture it manages acquired the Bedford Collection, a five-building, 246,000-square-foot medical office portfolio in Beverly Hills, from Welltower for $260 million.

The portfolio occupies nearly an entire block at 400 N. Bedford Drive in downtown Beverly Hills, less than 2 miles from Cedars-Sinai Medical Center and UCLA Ronald Reagan Medical Center.

As for the acquisition, Douglas Emmett owns one-third of Beverly Hills’ medical office space. That’s significant, given that Beverly Hills is home to almost 10 percent of metro Los Angeles medical office space.