News

Broadtree Residential, Inc. Acquires Walden Ridge Apartment Community in Kennesaw, GA

Private REIT Begins Accepting New Equity Capital in November

ROCHESTER, N.Y. – Broadtree Residential (Broadtree), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), today announced the acquisition of the REIT’s third multifamily apartment community, and the re-launch of capital raising activities to fund the continued growth of the REIT. Continue reading

News

Broadstone Net Lease Third Quarter 2017 Operating Results

Dear Shareholders – We are pleased to provide you with the results of Broadstone Net Lease, Inc.’s (“BNL,” “we,” “our,” or the “Company”) operations for the third quarter of 2017. More information on BNL’s Q3 performance is available in BNL’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2017, as filed with the SEC on November 13, 2017 (“Q3 2017 10-Q”), which is available free of charge on the SEC’s public website. Continue reading

News

Broadstone Net Lease Provides Update on Impact of Hurricane Harvey

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (BNL) announced today that it is actively monitoring and assessing the impact of Hurricane and Tropical Storm Harvey on its properties located in Texas and along the Gulf Coast. Although the disruption to daily business and communication caused by the storm has been severe, BNL’s portfolio management team has been able to communicate with many of BNL’s tenants in the affected areas. Preliminary reports from those tenants indicate that BNL’s properties have generally suffered no or minor damage. Continue reading

News

Broadstone Net Lease Second Quarter 2017 Operating Results

Dear Shareholders – We are pleased to provide you with the results of Broadstone Net Lease, Inc.’s (“BNL,” “we,” “our,” or the “Company”) operations for the second quarter of 2017. As you will note, the format of this earnings release has migrated away from that of our historical quarterly shareholder letter, and will now more closely align with what you may be accustomed to from public reporting companies. Continue reading

News

BNL Second Quarter 2017 Operating Results Conference Call

Broadstone Net Lease, Inc. (BNL) will host a conference call to discuss its operating results for the quarter ended June 30, 2017 on Friday, August 11, 2017 at 12:00 p.m. EDT.

To access the live webcast or view a replay after the call, click here. A link to access the webcast and view the replay of the call will also be posted on the Disclosures page of Broadstone.com.

News

Broadstone Net Lease, Inc. Closes $800 Million Credit Facility

ROCHESTER, N.Y. – On June 23, 2017, Broadstone Net Lease, Inc. (“BNL”), a diversified triple-net commercial REIT, together with Broadstone Net Lease, LLC (the Operating Company) as borrower, announced it has secured an $800 million unsecured credit facility with a syndicate of leading real estate lenders. The credit facility contains an accordion feature that can increase the facility size up to a total of $1.0 billion, and includes (i) a $400 million senior unsecured revolving credit facility (the “Revolver”), (ii) a five-and-a-half-year, $250 million senior unsecured delayed draw term loan (the “5.5-Year Term Loan”), and (iii) a seven-year, $150 million senior unsecured delayed draw term loan (the “7-Year Term Loan”). Continue reading