Risk factors

Brandywine Realty Trust (BDN) risk factors

Item 1A of every Brandywine Realty Trust 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    51 risks2 new6 reworded

    Impairment charges increased from $53.1 million in 2024 to $67.5 million in 2025. Executive leadership lost George Johnstone, and the firm faces new risks from tenant AI infrastructure needs and U.S. government shutdowns.

    Filed Feb 23, 2026
  • FY2024 10-K risk factors
    49 risks

    Concentrated exposure to office buildings in Philadelphia and Austin drives asset valuation and operational performance risks. Complex development, joint ventures, and capital-intensive financing needs dominate the risk profile. Strict REIT compliance and tax rules constrain capital allocation and leverage strategies.

    Filed Feb 27, 2025