Easterly Government Properties, Inc.
Easterly Government Properties LP (NYSE: DEA) operates as a real estate investment trust specializing in the acquisition, development, and management of office and mixed-use properties leased to the United States federal government. The company's website is www.easterlyreit.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Easterly Government Properties, Inc. does
In the company’s own words
Easterly Government Properties LP (NYSE: DEA) operates as a real estate investment trust specializing in the acquisition, development, and management of office and mixed-use properties leased to the United States federal government. The company's website is www.easterlyreit.com.
The company's portfolio consists of office assets, development assets, redevelopment assets, joint venture assets, and mixed-use assets strategically located across the United States. Easterly's business model centers on leasing properties to various federal agencies, including the Drug Enforcement Administration, Department of Energy, Coast Guard, Federal Bureau of Investigation, and other government entities. This government tenant base provides stable, long-term lease agreements that generate predictable cash flows.
Easterly Government Properties operates through its parent company, Easterly Government Properties, Inc., a Maryland corporation, with the operating partnership structured as a Delaware limited partnership. The company maintains a diversified geographic footprint with properties in multiple states, including California, Texas, Pennsylvania, Colorado, and numerous other locations across the country.
The company's competitive advantages include its specialized focus on federal government real estate, which offers relative stability compared to commercial office leasing to private tenants. The government tenant base typically provides longer lease terms and more predictable occupancy rates. Easterly's portfolio includes properties in strategic locations near federal agency headquarters and regional offices, creating barriers to entry for competitors.
The company finances its operations through a term loan facility with PNC Bank, National Association serving as administrative agent, along with other institutional lenders. The term loan agreement, as amended through the Tenth Amendment dated September 30, 2025, provides the capital structure supporting the company's acquisition and development activities.
Easterly's business strategy emphasizes acquiring well-located properties suitable for federal government use, developing new facilities to meet agency requirements, and maintaining long-term relationships with government tenants. The company's focus on this specialized niche within commercial real estate distinguishes it from broader office REITs.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- WASHINGTON, DC
- Fiscal year end
- December
- CIK
- 1622194
- SIC
- 6798
Financial performance, year by year
Fiscal 2015–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Easterly Government Properties, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Easterly Government Properties, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Easterly Government Properties, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Easterly Government Properties, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Easterly Government Properties, Inc.'s last four quarterly filings that the numbers alone won't show?”