secwatch.observer — SEC 8-K summary ====================================== Issuer: BRANDYWINE OPERATING PARTNERSHIP, L.P. (—) CIK: 0001060386 Form: 8-K Filed at: 2026-04-23T23:59:59+00:00 Accession: 0000790816-26-000014 Event type: earnings Sentiment: negative Materiality: 0.75 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Brandywine Realty Q1 net loss widens to $48.9M; FFO $0.11/shr; narrows 2026 FFO guidance -------------------------------------------------------------------------------- - Net loss $(48.9)M ($0.28/shr) vs $(27.4)M ($0.16/shr) prior year; includes $11.9M impairment. - FFO available to common shareholders $20.0M ($0.11/shr) down from $24.7M ($0.14/shr) in Q1 2025. - Core portfolio 88.3% occupied, 89.9% leased; leased 268k sq ft in wholly-owned portfolio. - 2026 FFO guidance narrowed to $0.52-$0.58 from $0.51-$0.59; EPS loss guidance widened to $(0.76)-(0.70). - Disposition target $290M; $305M under agreement or due diligence; Avira financing up to $100M. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1060386/000079081626000014/0000790816-26-000014-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/790816/000079081626000014/bdn-20260422.htm HTML page: https://secwatch.observer/filing/0000790816-26-000014 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer