Brandywine Realty Trust filings document the REIT and Brandywine Operating Partnership, L.P. as public real estate registrants, including operating results, financial condition, common-share registration and capital-structure matters tied to the operating partnership.
Recent disclosure categories include Form 8-K reports for earnings releases and non-GAAP reconciliations, material agreements and debt financing, and governance events. Proxy materials cover trustee elections, executive compensation, equity awards, shareholder voting matters and other REIT governance disclosures.
Brandywine Realty Trust (BDN) reported a Q3 2025 net loss attributable to common shareholders of $26.2 million, or $0.15 per diluted share, on total revenue of $121.4 million. Operating income was $25.2 million, but higher interest expense and losses from unconsolidated ventures drove the bottom line.
Revenue declined versus last year as rents softened and third-party fees decreased. Year-to-date, the company recorded $63.4 million of impairment, and interest expense rose to $97.1 million. The board declared a Q3 distribution of $0.08 per share. Brandywine closed a $55.1 million Austin office sale during the quarter and sold a Richmond land parcel for $4.6 million on October 6, 2025.
On October 22, 2025, Brandywine acquired its partner’s preferred equity interest in the 3025 JFK venture for $70.5 million, resulting in full ownership and assumption of a $178.0 million secured construction loan maturing in July 2026. Unsecured senior notes outstanding increased to $1.78 billion from $1.62 billion at year-end, and total debt rose to $2.27 billion. Common shares outstanding were 173,699,039 as of November 2, 2025.
Brandywine Realty Trust (BDN) reported an insider transaction by a director. On 10/30/2025, the director sold 23,190 common shares at a price of $3.47 per share (Transaction Code: S). Following the sale, the insider beneficially owned 128,672 shares, held directly.
The Vanguard Group filed Amendment No. 19 to Schedule 13G for Brandywine Realty Trust (BDN), reporting beneficial ownership of 25,932,513 shares, or 14.92% of the common stock as of 09/30/2025.
The filing lists 0 shares with sole voting power and 1,215,247 with shared voting power. Vanguard reports 24,473,674 shares with sole dispositive power and 1,458,839 with shared dispositive power. Vanguard’s clients, including registered investment companies and other managed accounts, have rights to dividends or sale proceeds; no single other person’s interest exceeds 5%.
The certification states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.
Brandywine Realty Trust reported that it issued a press release announcing financial results for the three and nine months ended September 30, 2025. The information is furnished under Item 2.02 and the release is attached as Exhibit 99.1. The press release includes non‑GAAP financial measures alongside GAAP figures and reconciliations.
Brandywine Realty Trust and its operating partnership completed a notes offering that generated approximately $296.3 million in net proceeds after underwriting discounts and transaction expenses. The offering consists of 6.125% Guaranteed Notes due 2031, with the net proceeds designated to repay consolidated secured debt and for general corporate purposes, which may include repaying or repurchasing other indebtedness. The filing attaches the form of the notes, related indentures, and a press release as Exhibit 99.1. The notes may be redeemed at 100% of principal plus accrued interest on or after the Par Call Date, and certain events of default allow acceleration by the trustee or holders of at least 25% of outstanding principal.
Brandywine Realty Trust and its subsidiary Brandywine Operating Partnership, L.P. filed a Current Report on Form 8-K that attaches underwriting and pricing agreements dated September 29, 2025 related to certain Notes. The filing lists Exhibits 1.1 (Underwriting Agreement) and 1.2 (Pricing Agreement) naming BofA Securities, Citigroup Global Markets, Truist Securities and Wells Fargo Securities as representatives of the underwriters. The exhibit list also references existing indentures and supplemental indentures incorporated by reference, a legal opinion from Troutman Pepper Locke LLP, consent from that firm, a press release dated September 29, 2025, and the cover page interactive data file.
Brandywine Realty Trust (BDN) files a prospectus supplement for debt securities that incorporates risk-factor disclosures from its Annual Report and other SEC filings. As of June 30, 2025, Brandywine controlled its operating partnership with an approximate 99.7% interest. The company reports a portfolio of 60 core mixed-use properties, two development/redevelopment properties and one recently completed not-yet-stabilized property. It owned approximately 129.5 acres held for development, held a 0.8-acre leasehold, and had options on ~5.1 acres. The total potential development under current zoning and entitlements is estimated at 11.9 million net rentable square feet. The document highlights standard debt offering mechanics, underwriting syndicate members, settlement and tax withholding rules for non-U.S. holders, and construction, entitlement and regulatory risks.