{"schema_version":"secwatch.filing_event.v1","accession":"0001476204-26-000048","form_type":"8-K","ticker":"PECO","cik":"0001476204","company_name":"Phillips Edison & Company, Inc.","filed_at":"2026-10-01T22:11:53+00:00","discovered_at":"2026-10-02T10:05:00.230864+00:00","generated_at":"2026-10-12T14:29:20.805344+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"PECO raises 2026 acquisitions guidance to $600-700M; expands Northwestern Mutual JV by $377.5M","bullets":["Expanded JV with Northwestern Mutual (Grocery Retail Partners I LLC) adds 13 grocery-anchored centers across eight states valued at ~$377.5M; venture term extended 10 years to 2036.","Northwestern Mutual holds ~86% and PECO ~14%; PECO continues providing leasing, asset management and property management services and earns recurring fees.","FY2026 gross acquisitions guidance raised to $600-700M (from $500-600M); dispositions raised to $200-250M (from $100-200M); net JV contributions guided at $200-250M.","Year to date through Sept. 30, 2026: $459.7M acquired and $174.0M sold at PECO's prorated share.","FY2026 Nareit FFO per share reaffirmed at $2.67-$2.72 and Core FFO at $2.73-$2.79 (midpoints +6.3% and +6.2% YoY); same-center NOI growth 3.4-4.0%."],"urls":{"canonical":"https://secwatch.observer/filing/0001476204-26-000048","json":"https://secwatch.observer/filing/0001476204-26-000048.json","markdown":"https://secwatch.observer/filing/0001476204-26-000048.md","text":"https://secwatch.observer/filing/0001476204-26-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1476204/000147620426000048/0001476204-26-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1476204/000147620426000048/cik0001476204-20261001.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:29:20.805344+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"}