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Meet the Broadstone Team at ICSC RECon 2019

The world’s largest gathering of retail real estate professionals, ICSC RECon 2019, will be held at the Las Vegas Convention Center from Sunday May 19, 2019, through Wednesday, May 22, 2019. Over 36,000 attendees and 1,000 exhibitors from over 50 countries are projected to attend the event. The global convention provides networking, deal making and educational opportunities for retail and real estate professionals from around the world. Continue reading

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Broadstone Net Lease, Inc. Reports 2019 First Quarter Performance

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), today filed with the Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the three months ended March 31, 2019 (the “Q1 2019 10-Q”), which is available free of charge on the SEC’s public website and on our website at: http://investors.bnl.broadstone.com.

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The Origins of Broadstone’s Real Estate Interval Fund: Client Challenge, Accepted and Met!

Real Estate Interval Fund

Broadstone Real Estate, LLC (“Broadstone”) has proudly built its reputation on bringing institutional quality real estate investments to the individual investor. Our commercial (Broadstone Net Lease, “BNL”) and residential (Broadtree Residential, “BTR” or “Broadtree”) strategies are constructed with the objective of making private and diversified commercial real estate ownership available to individual investors, institutions, and wealth advisors. Continue reading

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Broadstone Real Estate Access Fund Announces Q1 2019 Shareholder Distribution

ROCHESTER, N.Y. – Broadstone Real Estate Access Fund (“BDREX”), a continuously offered, closed-end interval fund, registered under the Investment Company Act of 1940, today announced a quarterly distribution of $0.15 per share for Class I and $.1435 for Class W. This equates to annualized distribution[1] rates of 5.73% and 5.48%, for the Class I and Class W shares, respectively.  Continue reading

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Broadstone Net Lease, Inc. Reports 2018 Fourth-Quarter and Full-Year Performance

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), today filed with the Securities and Exchange Commission (“SEC”) its Annual Report on Form 10-K for the year ended December 31, 2018 (the “2018 Form 10-K”), which is available free of charge on the SEC’s public website and on our website at: http://investors.bnl.broadstone.com.

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Broadstone Net Lease, Inc. Announces Debt Capital Markets Transactions

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,”” we,” or ”us”), a privately offered real estate investment trust (“REIT”), together with Broadstone Net Lease, LLC (the Operating Company) as borrower, today announced that it has completed the following two debt capital markets activities: (i) expanded its unsecured revolving credit facility from $425 million to $600 million for a total maximum borrowing capacity of approximately $1.1 billion, including the facility’s accordion feature; and, (ii) entered into a $450 million unsecured term loan with a seven-year maturity. Continue reading

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Multifamily UPREITs: Nuances, Features, and Benefits

UPREIT, Multifamily Real Estate, Commercial Real Estate

The complications of real estate property management, the desire for diversification, and the nature and process of estate planning are all common reasons for real estate investors to want to exit their real estate investments. Unfortunately, sales of properties for cash are typically taxable events, which means that the investor becomes liable for taxes on the difference between the sales price and the investor’s adjusted tax basis in the property. Continue reading

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Broadstone Net Lease, Inc. Announces Changes to Determined Share Value and Monthly Distribution Rate

ROCHESTER, N.Y. — Broadstone Net Lease, Inc. (“BNL”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC, announced that on February 8, 2019, its Board of Directors and Independent Directors Committee (the “IDC”) approved the following items with regard to investments in BNL’s common shares and membership units in Broadstone Net Lease, LLC (the “Operating Company”). Continue reading