News

Broadtree Homes Acquires 264-Unit Multifamily Apartment Community in Atlanta Area

Private REIT Now Owns 770 Residential Rental Units

ROCHESTER, N.Y. – Broadtree Homes, Inc. (Broadtree), a private Real Estate Investment Trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), today announced the acquisition of Glenwood Vista Apartment Homes (Glenwood Vista), a 264-unit, gated multifamily community located in Stockbridge, Georgia, for a purchase price of $23.5 million. This is the first multifamily acquisition by Broadtree, a diversified residential income REIT that invests in a continuum of residential rental housing, including single family homes and multifamily apartments. Continue reading

News

BNL Property Disposition

Broadstone Net Lease (BNL) today announced the disposition of a property tenanted by Tri-State-Gastroenterology, located in Crestview Hills, KY. The sale closed on July 12, 2016.

BNL currently owns 378 properties in 34 states.

News

Broadstone Net Lease Acquires 7 Red Lobster Properties for $28.5 million

Private REIT Now Owns 379 Properties in 34 States

ROCHESTER, N.Y. – Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, continues to grow its national portfolio of triple-net leased properties. Today, BNL announced the acquisition of seven Red Lobster properties in six states (Arkansas, Indiana, Kentucky, Minnesota, New Mexico, and Tennessee) via a sale leaseback transaction, for a total purchase price of approximately $28.5 million. Continue reading