{"schema_version":"secwatch.filing_event.v1","accession":"0000790816-26-000038","form_type":"8-K","ticker":null,"cik":"0001060386","company_name":"BRANDYWINE OPERATING PARTNERSHIP, L.P.","filed_at":"2026-10-06T19:21:35+00:00","discovered_at":"2026-10-06T19:23:00.263585+00:00","generated_at":"2026-10-12T16:24:58.373092+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Brandywine closes $240M sale of 3151 Market Street office building; nets $233.7M after $60.2M C-PACE payoff","bullets":["Completed Sept 30, 2026 sale of 441,000 sq ft office building at 3151 Market Street, Philadelphia to an unrelated third party for $240.0M.","Net proceeds ~$233.7M; repaid $60.2M to retire the $57.3M C-PACE loan encumbering the property, leaving pro forma cash at $211.3M vs $37.9M historical.","Pro forma June 30, 2026 balance sheet: total assets $3.44B vs $3.54B; secured debt falls to $88.2M from $144.3M; total equity $666.0M vs $695.9M.","Pro forma six months ended June 30, 2026 net loss attributable to common shareholders improves to $74.7M ($0.43/sh) from $80.6M ($0.46/sh) after removing the property's results.","FY2025 pro forma net loss attributable to common shareholders widens to $203.3M ($1.17/sh) from $179.5M ($1.03/sh) on a $23.6M impairment and $6.3M loss on early debt extinguishment."],"urls":{"canonical":"https://secwatch.observer/filing/0000790816-26-000038","json":"https://secwatch.observer/filing/0000790816-26-000038.json","markdown":"https://secwatch.observer/filing/0000790816-26-000038.md","text":"https://secwatch.observer/filing/0000790816-26-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1060386/000079081626000038/0000790816-26-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790816/000079081626000038/bdn-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:24:58.373092+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}