Every 8-K that Easterly Government Properties, Inc. (DEA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DEA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DEA filings page.
Easterly Government Properties, Inc. updated its existing 2021 at-the-market equity offering program, which allows issuance of common stock with an aggregate offering price of up to $300,000,000, by filing a new prospectus supplement that supersedes the February 28, 2024 version and adds the ability to use contingent forward transactions.
As of the supplement date, shares having an aggregate offering price of $85,017,692 had been sold under the program, leaving up to $214,982,308 of additional capacity. The company entered amended and restated equity distribution agreements with multiple Sales Agents and may execute contingent or non-contingent forward sale transactions with several Forward Purchasers. Commissions to Sales Agents and Forward Sellers are each limited to 2.0% of the relevant sales or forward pricing, and the company may receive contingency premiums on contingent forward transactions while receiving no initial proceeds from sales of borrowed shares used to hedge forward positions.
Easterly Government Properties reported second-quarter 2026 net income of $3.2 million, or $0.07 per share on a fully diluted basis. Core Funds From Operations (Core FFO) were $37.4 million, or $0.78 per share. Total revenues for the quarter were $92.4 million.
As of June 30, 2026, the company and its joint venture owned 106 operating properties totaling about 10.7 million leased square feet, with the operating portfolio 98% leased, plus three development projects expected to add roughly 0.2 million square feet. Total indebtedness was approximately $1.7 billion, with a weighted average interest rate of 4.6%, Net Debt to total enterprise value of 58.4%, and Adjusted Net Debt to annualized quarterly EBITDA of 7.1x. During the quarter Easterly closed a new $200 million senior unsecured term loan maturing in 2031 and raised about $18.8 million of equity through its ATM program. The board declared a $0.45 per-share quarterly dividend. Management raised full-year 2026 Core FFO guidance to $3.07–$3.13 per share, assuming roughly $50 million of acquisitions and $50–$100 million of development investment.
Easterly Government Properties, Inc. entered into a new senior unsecured term loan agreement providing a $200 million term loan with an accordion feature allowing increases up to $250 million. The facility will mature in June 2031 and bears interest at SOFR plus a margin ranging from 1.20% to 1.70% based on the company’s leverage ratio, with an initial spread of 1.30%.
The company plans to use net proceeds to repay borrowings under its unsecured $400 million revolving credit facility and for general corporate purposes, which reshapes its debt mix while maintaining liquidity. Easterly also executed an eleventh amendment to its 2016 term loan agreement to remove the credit spread adjustment on SOFR-based borrowings, aligning terms with the new facility.
Easterly Government Properties, Inc. reported first-quarter 2026 revenue of $91.5 million, up from $78.7 million a year earlier, as its government-focused real estate portfolio expanded.
Net income was $1.4 million, or $0.03 per share on a fully diluted basis, down from $0.07 per share. However, Core FFO, a key REIT cash-flow metric, rose to $37.1 million or $0.77 per share, compared with $33.1 million or $0.73 per share.
The company acquired a 297,713 square foot Virginia campus, made a $7.0 million mezzanine construction loan at a 12% fixed rate, and raised about $2.1 million via its ATM program. It declared a quarterly dividend of $0.45 per share and increased the low end of full-year 2026 Core FFO guidance to a range of $3.06–$3.12 per share. As of March 31, 2026, Easterly owned or jointly owned 106 operating properties totaling about 10.7 million leased square feet, carried total assets of $3.42 billion, and reported Net Debt of $1.72 billion, or 62.5% of total enterprise value, with Adjusted Net Debt at 7.3x annualized quarterly pro forma EBITDA.
Easterly Government Properties, Inc. held its 2026 annual stockholder meeting and gained approval for an amendment to its 2024 Equity Incentive Plan. The amendment increases shares authorized for issuance under the plan from 1,440,000 to 4,315,000, an increase of 2,875,000 shares of common stock.
Stockholders also elected seven directors, approved on a non-binding basis the compensation of named executive officers, ratified PricewaterhouseCoopers LLP as independent auditor for the 2026 fiscal year, and approved the equity plan amendment with 25,392,675 votes for and 7,101,741 against.
Easterly Government Properties reported mixed fourth quarter and full-year 2025 results. For Q4 2025, revenue was $87.0 million, up from $78.3 million a year earlier, while net income declined to $4.8 million, or $0.10 per fully diluted share, from $5.7 million. Core FFO grew to $36.8 million, or $0.77 per fully diluted share, compared with $32.6 million, or $0.73.
For the full year 2025, revenue increased to $336.1 million from $302.1 million, but net income fell to $13.6 million from $20.6 million. Full-year Core FFO rose to $140.1 million, or $2.99 per fully diluted share, while Cash Available for Distribution improved to $118.8 million from $100.9 million. Net debt stood at $1.65 billion, equal to 7.5x annualized quarterly EBITDA, supported by a largely fixed-rate, long-maturity debt structure and a predominantly U.S. government–leased portfolio with a weighted average remaining lease term of 9.5 years.
Easterly Government Properties (DEA) furnished an Item 2.02 report announcing its results for the third quarter ended September 30, 2025. The company made a press release and a supplemental information package available and attached them as Exhibits 99.1 and 99.2.
A webcast and conference call to review third‑quarter performance is scheduled for 11:00 a.m. Eastern Time on October 27, 2025, with a live stream accessible via the Investor Relations section of the company’s website. The materials referenced are furnished, not filed, under the Exchange Act.
Easterly Government Properties approved a new long-term incentive and retention program for senior executives and non-employee directors, granting an aggregate 844,000 performance-based LTIP Units in its operating partnership under the 2024 Equity Incentive Plan.
The LTIP Units cliff-vest on the fifth anniversary of the August 26, 2025 grant date, but only if stock price performance hurdles are met during an eight-year period. At an Applicable Price of $33.78 (50% above the $22.52 Baseline Price), 75% of units are earned, rising to 100% at $36.03 (60% above the Baseline Price), with linear interpolation between. Units convert one-for-one into common units, then are redeemable for cash or common stock.
Executives receive 10% of common-unit distributions before vesting, a 90% catch-up after vesting based on prior distributions, and then full distributions thereafter. The plan includes detailed vesting, forfeiture, and change-in-control protections, with partial vesting in certain terminations and full vesting upon death or disability, all still subject to meeting performance conditions.
Easterly Government Properties, Inc. entered into a fifth amendment to its 2021 credit agreement, extending the maturity of its $200.0 million senior unsecured 2018 Term Loan from July 23, 2026 to August 21, 2028, with two additional one-year extension options at the Company’s discretion, subject to conditions and a fee. The amendment removes the minimum consolidated tangible net worth financial covenant and adds an accordion feature that can increase borrowing capacity by up to $100.0 million, subject to customary conditions. After borrowings on the amendment date, the $200.0 million term loan is fully drawn, while the prior $450.0 million revolving credit facility under the same agreement had already been terminated in June 2024.
Overview: Easterly Government Properties, Inc. filed a Form 8-K dated August 5, 2025 reporting that it issued a press release announcing results of operations for the quarter ended June 30, 2025.
Details: The press release and a supplemental information package are attached as Exhibits 99.1 and 99.2 and are available on the company Investor Relations website at ir.easterlyreit.com. The filing states the materials are being furnished and shall not be deemed "filed" under the Exchange Act. The company will host a webcast and conference call at 11:00 a.m. Eastern Time on August 5, 2025 to review second-quarter performance. Exhibits also include the interactive data file (Exhibit 104). The report is signed by Allison E. Marino, Executive Vice President and Chief Financial Officer.