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Brandywine Realty Trust (BDN) company profile

BDNNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 13/3070% below fair value
$3.05−0.01 (-0.33%)

Close on Nov 13, 2026Market cap $518.64MP/E –Yield 17.38%

About Brandywine Realty Trust

Real Estate Investment Trusts, SIC 6798

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust that acquires, develops, redevelops, owns, and manages commercial real estate. Its property portfolio comprises office buildings, laboratory and life science spaces, residential developments, and mixed-use complexes, supported by property management, leasing, and construction services. The company conducts business across four primary segments: Philadelphia Central Business District, Pennsylvania Suburbs, Austin, Texas, and Other. Its customer base consists of commercial, life science, and residential tenants seeking leased premises.

The company concentrates its holdings in the City of Philadelphia, surrounding Pennsylvania counties, Austin, Texas, and secondary locations including Washington, D.C., Maryland, Virginia, New Jersey, and Delaware. It maintains offices across these markets, specifically in Philadelphia, Radnor, McLean, Richmond, Mount Laurel, Wilmington, and Austin. As of late 2025, the trust employs approximately 268 full-time workers and ten part-time staff members. Its principal executive headquarters are based in Philadelphia, Pennsylvania.

Summary of the business section of Brandywine Realty Trust's latest annual report, written by StockData.

Company profile

Company

Legal name
Brandywine Realty Trust
Founded
1986
Headquarters
Philadelphia, PA
Address
2929 Arch Street, Suite 1800 19104
Phone
(610) 325-5600
Employees
268, Dec 31, 2025
Industry
Real Estate Investment Trusts
Incorporated in
Maryland
Fiscal year ends
December 31
Auditor
PricewaterhouseCoopers LLP, Philadelphia, Pennsylvania

Stock & identifiers

Ticker
BDN
Exchange
NYSE
IPO date
Jul 24, 1986
Shares outstanding
170M, Oct 21, 2026
Public float
$710.79M, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
1-for-3 reverse, Nov 26, 1996
SEC CIK
790816
CUSIP
105368203
ISIN
US1053682035
FIGI
BBG000CL6RJ3
Share class FIGI
BBG001S6YGF4
LEI
5UZ46ZCYUFYYAC0DS831
EIN
23-2413352

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Gerard H. SweeneyPresident and CEO, Director4,207,691
Daniel A. PalazzoSVP & Chief Accounting Officer246,751
William D. ReddEVP & Senior Managing Director666,358
Shawn NeumanGeneral Counsel & Secretary267,083
Tom WirthExecutive Vice President & CFO936,854
H. Jeffrey DevuonoEVP & Senior Managing Director770,998
George JohnstoneEVP, Operations532,837
Terri A. HerubinDirector76,329
Reginald DesRochesDirector122,028
Joan LauDirector121,445
James C. DiggsDirector166,254
Charles P. PizziDirector203,772
H. Richard Haverstick JrDirector170,929

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$5.81M$3.04M$1.80M$41$81
FY2024$4.93M$8.37M$1.53M$70$94
FY2023$6.01M$5.75M$1.82M$60$78
FY2022$6.36M$817.81K$1.90M$59$76
FY2021$6.09M$7.92M$1.80M$120$122
FY2020$5.30M$4.29M$1.52M$81$82

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Gerard H. Sweeney
President and Chief Executive Officer
$800.00K$3.47M$1.52M$19.69K$5.81M+18%
Thomas E. Wirth
Executive Vice President, Chief Financial Officer
$469.00K$1.16M$445.55K$10.50K$2.09M+17%
H. Jeffrey DeVuono
Executive Vice President and Regional Managing Director
$428.45K$919.99K$385.61K$10.50K$1.74M+15%
George D. Johnstone
Executive Vice President, Operations
$400.00K$858.90K$475.00K$10.50K$1.74M+22%
William D. Redd
Executive Vice President and Senior Managing Director
$400.00K$858.90K$360.00K$10.50K$1.63M+17%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had approximately 268 full-time employees and ten part-time employees.”

Corporate history

Events identified from SEC filings

DateEventDetails
Oct 6, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 10, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 11, 2017DelistingNotice of delisting from exchange (Form 25)
Apr 5, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 23, 2017Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Feb 7, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 10, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 5, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 24, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 5, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 19, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 22, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 1, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 28, 2012DelistingNotice of delisting from exchange (Form 25)
Jul 24, 2012Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 3, 2012DelistingNotice of delisting from exchange (Form 25)
Apr 6, 2012ListingRegistration of securities on an exchange (Form 8-A)
Mar 23, 2012Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 14, 2008Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 21, 2007Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 10, 2006Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 27, 2005MergerRegistration of securities for a merger or exchange offer (S-4)
Sep 21, 2004Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 5, 2004ListingRegistration of securities on an exchange (Form 8-A)
Dec 29, 2003ListingRegistration of securities on an exchange (Form 8-A)
Oct 14, 1997ListingRegistration of securities on an exchange (Form 8-A)

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