BRANDYWINE REALTY TRUST (BDN) Brandywine Realty Trust (NYSE: BDN) is a prominent, publicly traded Real Estate Investment Trust (REIT) operating across the United States. The company stands as a full-service, integrated real estate enterprise, primarily concentrating its operations in key markets such as Philadelphia, Austin, and Washington, D.C. Brandywine actively acquires, develops, leases, and manages a diverse portfolio of urban, town center, and transit-oriented properties. As of December 31, 2020, this extensive portfolio comprised approximately 175 properties, totaling 24.7 million square feet, a figure which excludes assets held for sale. At its core, Brandywine aims to shape, connect, and inspire the environment around it, achieving this through its specialized expertise, the robust relationships it cultivates, its engagement with the communities it serves, and the lasting legacy it collectively builds.
Sector: Real Estate Investment Trusts
Industry: REIT - Office
Brandywine Realty Trust NYSE:BDN Real Estate · REIT - Office
Mkt Cap $550.95M
Div Yield 9.88%
Close $3.24 0.00% AH $3.24 Now $3.26
Close $3.24 +2.21% AH $3.24 +0.62% since
Mkt Cap $550.95M
Div Yield 9.88%
Press Release ⚠ 5
Brandywine Realty Trust Announces Third Quarter 2026 Results
Brandywine Realty Trust reported a Q3 net loss of $22.3 million, or $(0.13) per share, with Core FFO of $24.5 million, or $0.14 per diluted share, down from $0.16 a year ago.
The company raised its speculative revenue target for the second time this year to $19.5 million and executed $681 million of asset sales versus a $305 million plan, using proceeds to cut debt by $390 million and repurchase $140 million of 2028/2029 bonds plus 4.7 million shares.
Net Debt/EBITDA improved to 7.6x from 9.0x last quarter, and One Uptown in Austin is now 97% leased; core portfolio is 89.0% occupied and 90.5% leased.
Management narrowed 2026 Core FFO guidance to $0.54-$0.56 per diluted share, but widened the GAAP loss-per-share range to $(0.64)-$(0.62), driven by the $240 million Philadelphia sale loss and debt-extinguishment charges.
• 18d ago AI analysis › Press Release
Greenberg Traurig Advises Brandywine on Philadelphia Office Building Deal with Burlington Stores
prnewswire.com • 25d ago Press Release
Brandywine Realty Trust Announces Quarterly Common Dividend, and Confirms Third Quarter 2026 Earnings Release and Conference Call
Brandywine Realty Trust's Board of Trustees declared a quarterly cash dividend of $0.08 per common share and OP Unit, equal to an annualized rate of $0.32 per share.
The dividend is payable October 22, 2026 to holders of record on October 8, 2026.
The company also confirmed it expects to release third quarter 2026 earnings after market close on October 21, 2026, followed by a conference call on October 22 at 9:00 a.m. Eastern Time.
Brandywine owned 112 properties totaling 19.2 million square feet as of June 30, 2026, with a core focus in Philadelphia and Austin.
• 1mo ago AI analysis › Press Release
Brandywine Realty Trust Announces Expiration of Tender Offer for the 2029 Notes
Brandywine Realty Trust announced the expiration of its tender offer for its 8.875% notes due 2029, accepting $70 million in principal for purchase.
The offer was significantly oversubscribed with approximately $275.7 million tendered, resulting in a proration factor of about 25.5% and the retirement of roughly 12.7% of the outstanding issue.
The consideration of $1,068.75 per $1,000 principal will be funded using cash on hand and borrowings under the company's $600 million credit facility.
• 2mo ago AI analysis › Press Release ⚠ 2
Brandywine Realty Trust Announces Expiration of Tender Offer for the 2028 Notes
Brandywine Realty Trust accepted $50 million in principal amount of its 2028 Notes for purchase, representing roughly 14.3% of the outstanding issue, after the offer was heavily oversubscribed with 93.5% of holders tendering their shares.
The company will pay $1,047.50 per $1,000 principal amount for the 2028 Notes, funded by cash on hand or its $600 million credit facility, and expects payment to settle on August 25, 2026.
The tender offer for the 2029 Notes remains open and has been extended to August 27, with the cap increased to $70 million, bringing the total aggregate maximum tender amount to $120 million.
• 2mo ago AI analysis › Press Release
Brandywine Realty Trust Announces Upsize and Extension of Expiration of the Previously Announced Tender Offer for the 2029 Notes
Brandywine Realty Trust increased the aggregate principal amount applicable to its 2029 Notes tender offer from $50 million to $70 million and extended the expiration date to August 25.
The company is offering to purchase 8.875% guaranteed notes due 2029 at a consideration of $1,068.75 per $1,000 principal, funded by cash on hand or its $600 million credit facility.
This move allows the REIT to further reduce its outstanding high-coupon debt, potentially lowering future interest expenses.
• 2mo ago AI analysis › Press Release ⚠ 1
Brandywine Realty Trust Announces Cash Tender Offers
Brandywine Realty Trust launched concurrent cash tender offers to repurchase up to $100 million in aggregate principal of its outstanding 2028 and 2029 Notes.
The offers target up to $50 million each of the 7.550% Notes due 2028 and the 8.875% Notes due 2029, with consideration prices of $1,047.50 and $1,068.75 per $1,000 principal, respectively.
The company will fund the repurchases using cash on hand or its $600 million credit facility, and the offers are scheduled to expire on August 21, 2026.
• 2mo ago AI analysis › Press Release
Brandywine Realty Trust Announces Second Quarter 2026 Results
Brandywine Realty Trust reported Q2 2026 FFO of $0.13 per share, down from $0.15 in the prior year, while revenue increased 6.9% to $128.9 million.
The company narrowed its full-year 2026 FFO guidance to $0.53-$0.57 per share and significantly improved its loss-per-share outlook to a range of $(0.45) to $(0.41), driven by $208 million in closed asset sales.
Management highlighted strengthened liquidity with zero outstanding debt on its $600 million credit line and $35 million in cash, alongside a core portfolio occupancy of 89.1% and an 85% tenant retention rate.
• 3mo ago AI analysis › Press Release
Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms Second Quarter 2026 Earnings Release and Conference Call
Brandywine Realty Trust declared a quarterly cash dividend of $0.08 per share, payable July 22, 2026 to holders of record on July 8, 2026.
The dividend maintains the current annualized rate of $0.32 per share, indicating no change in capital return policy.
The company confirmed it will release second quarter 2026 earnings on July 22, 2026 after market close, with a conference call scheduled for July 23.
• 5mo ago AI analysis › Press Release ⚠ 2
Brandywine Realty Trust Announces First Quarter 2026 Results and Narrows 2026 Guidance
Brandywine Realty Trust reported first quarter FFO of $0.11 per share, down from $0.14 in the prior year, as net loss widened to $48.9 million due to impairment charges.
The company narrowed its 2026 FFO guidance range to $0.52-$0.58 per share from $0.51-$0.59, keeping the midpoint steady while raising the floor.
Operational metrics improved with leasing activity reaching 268,000 square feet and same-store NOI increasing 3.3% on a cash basis.
• 6mo ago AI analysis › 
