BXP Boston Properties LTD Partnership
BXP, a Delaware corporation organized in 1997, is a fully integrated, self-administered and self-managed real estate investment trust, or “REIT,” and the largest publicly-traded office REIT (based on total market capitalization) as of December 31, 2019 in the United States that develops, owns and manages primarily Class A office properties. Our properties are concentrated in five markets—Boston, Los Angeles, New York, San Francisco and Washington, DC. At December 31, 2019, we owned or had interests in 196 commercial real estate properties, aggregating approximately 52.0 million net rentable square feet of primarily Class A office properties including 11 properties under construction/redevelopment totaling approximately 5.5 million net rentable square feet. As of December 31, 2019 our properties consisted of:
Company profile
Ticker
BXP
Website
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Investment data
Securities sold
Number of investors
Calendar
26 Feb 21
19 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.72B | 1.72B | 1.72B | 1.72B | 1.72B | 1.72B |
| Cash burn (monthly) | 15.15M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 54.85M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 1.66B | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 109.8 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Mar 21 | Raymond A Ritchey | Common OP Units | Conversion | Dispose C | No | Yes | 0 | 60,000 | 0 | 88,805 |
| 9 Mar 21 | Raymond A Ritchey | Common OP Units | Conversion | Aquire C | No | Yes | 0 | 60,000 | 0 | 148,805 |
| 9 Mar 21 | Raymond A Ritchey | LTIP Units Common OP Units | Conversion | Dispose C | No | No | 0.25 | 60,000 | 15K | 204,926 |
| 12 Feb 21 | Peter D Johnston | LTIP Units Common OP Units | Grant | Aquire A | No | No | 0.25 | 1,684 | 421 | 47,115 |
| 12 Feb 21 | Douglas T Linde | LTIP Units Common OP Units | Grant | Aquire A | No | No | 0.25 | 11,077 | 2.77K | 327,162 |
| 12 Feb 21 | Michael E Labelle | LTIP Units Common OP Units | Grant | Aquire A | No | No | 0.25 | 3,533 | 883.25 | 136,014 |
| 12 Feb 21 | Koop Bryan J | LTIP Units Common OP Units | Grant | Aquire A | No | No | 0.25 | 2,168 | 542 | 79,152 |
Financial report summary
?Competition
Marriott InternationalContent analysis
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H.S. junior Avg
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New words:
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Removed:
accommodate, accurate, anchor, appraised, assumption, close, Concurrently, consult, dominated, dual, expedient, Fannie, finalized, input, jointly, laboratory, MacArthur, Mae, Manhattan, midtown, muted, positively, prevailing, principle, profile, quartile, realization, reflecting, research, reversal, snow, Spring, station, susceptible, sweeping, TCJA, threshold, unallocated, unavailability, unchanged, vertical, withholding
Financial reports
10-K
2020 FY
Annual report
26 Feb 21
10-Q
2020 Q3
Quarterly report
6 Nov 20
10-Q
2020 Q2
Quarterly report
9 Aug 20
10-Q
2020 Q1
Quarterly report
10 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
7 Nov 18
Current reports
8-K
Other Events
16 Mar 21
8-K
Results of Operations and Financial Condition
26 Jan 21
8-K
Results of Operations and Financial Condition
27 Oct 20
8-K
Results of Operations and Financial Condition
28 Jul 20
8-K
Other Events
22 May 20
8-K
Submission of Matters to a Vote of Security Holders
20 May 20
8-K
Other Events
5 May 20
8-K
Other Events
1 May 20
8-K
Results of Operations and Financial Condition
28 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
23 Mar 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
3 Mar 21
FWP
Free writing prospectus
2 Mar 21
FWP
Free writing prospectus
2 Mar 21
424B5
Prospectus supplement for primary offering
2 Mar 21
S-3ASR
Automatic shelf registration
22 May 20
424B5
Prospectus supplement for primary offering
4 May 20
424B5
Prospectus supplement for primary offering
1 May 20
FWP
Free writing prospectus
30 Apr 20
424B5
Prospectus supplement for primary offering
20 Aug 19
FWP
Free writing prospectus
19 Aug 19
Proxies
No filings
Other
UPLOAD
Letter from SEC
15 Aug 18
CORRESP
Correspondence with SEC
13 Aug 18
UPLOAD
Letter from SEC
7 Aug 18
UPLOAD
Letter from SEC
1 Jun 17
CORRESP
Correspondence with SEC
10 May 17
UPLOAD
Letter from SEC
7 May 17
UPLOAD
Letter from SEC
17 May 15
CORRESP
Correspondence with SEC
7 May 15
UPLOAD
Letter from SEC
30 Apr 15
UPLOAD
Letter from SEC
21 Apr 13
Ownership
4
BOSTON PROPERTIES LTD PARTNERSHIP / RAYMOND A RITCHEY ownership change
11 Mar 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / Michael R. Walsh ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / OWEN D THOMAS ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / RAYMOND A RITCHEY ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / JOHN FRANCIS POWERS ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / ROBERT E PESTER ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / DOUGLAS T LINDE ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / MICHAEL E LABELLE ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / BRYAN J KOOP ownership change
17 Feb 21
4
BOSTON PROPERTIES LTD PARTNERSHIP / PETER D JOHNSTON ownership change
17 Feb 21