secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON PROPERTIES LTD PARTNERSHIP (—)
CIK:        0001043121
Form:       8-K
Filed at:   2026-05-29T20:36:57+00:00
Accession:  0001037540-26-000026
Event type: other_material
Sentiment:  negative
Materiality: 0.52
Item codes: 2.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXP to sell Sumner Square in DC for $63M, recognizes $18M impairment in Q2 2026
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- Gross purchase price $63M; non-refundable deposit of ~$6M already paid.
- Non-cash impairment loss of ~$18M (BXP) and ~$17M (BPLP) recognized in Q2 2026.
- Impairment reduces net income per diluted share by ~$0.10; no impact on Funds from Operations.
- Sale is part of strategic asset sales plan outlined at September 2025 Investor Day.
- Closing not guaranteed; no assurance the sale will be consummated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043121/000103754026000026/0001037540-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000103754026000026/bxp-20260527.htm
  HTML page:      https://secwatch.observer/filing/0001037540-26-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer