Brandywine Realty Trust Reports Q1 FFO in Line with Guidance, Net Loss Due to Impairments
Brandywine Realty Trust (BDN) reported Q1 FFO of $0.11 per share, in line with guidance, but recorded a net loss of $48.9 million due to impairments. The company is focusing on debt reduction through asset sales and refinancing, with $305 million in potential sales and plans for a $100 million financing deal.
Tickers: $BDN
Topics: Asset Sales Debt Reduction Earnings FFO Net Loss Occupancy Rates