Brandywine Realty Trust Reports Net Loss of $5.3 Million in Q1 2023
Q1 2023 Revenue for Brandywine Realty Trust Reaches $129.2 Million
By USInMinutes
Published - Jul 26, 2023, 07:32 AM ET
Last Updated - Aug 20, 2024, 02:46 AM EDT
Brandywine Realty Trust,(BDN) a prominent real estate invest ment company, has released its financial statements for the first quarter of 2023. The company experienced a net loss of $5.3 million during this period, while generating total revenue of $129.2 million. Let's delve deeper into the financial data to understand the factors contributing to these results.
Net Income/Loss
During the first quarter of 2023, Brandywine Realty Trust reported a net loss of $5.3 million. This figure reflects the difference between the company's total revenue and operating expenses, including interest and investment income, interest expense, and equity in the loss of unconsolidated real estate ventures.
Revenue