Broadtree Residential has acquired Somerset at the Crossings, a 264-unit multifamily apartment community located in suburban Atlanta, GA. The community was acquired for a total purchase price of $23.5 million. Continue reading
Broadstone Net Lease (BNL) today announced three November property dispositions: the sale of one American Family Dental property in Pooler, Georgia; one Heartland/My Dentist property in Raytown, MO; and one Applebee’s restaurant in Brunswick, GA.
BNL currently owns 407 properties in 36 states.
Broadstone Net Lease has acquired two Tractor Supply properties, located in Ithaca, MI, and Gillette, WY. Both locations were acquired via lease assumption. Each property is held under an individual lease.
Broadstone Net Lease has acquired a research and development facility tenanted by Micross Components, Inc. The property, which is located in Milpitas, CA, was acquired via a sale leaseback transaction.
Broadtree Residential has acquired a portfolio of 120 single family rental homes in suburban Atlanta, GA. The homes were acquired for a total purchase price of approximately $8.5 million. Continue reading
Private REIT Now Owns 930 Residential Units in Six States
ROCHESTER, N.Y. – Broadtree Residential (Broadtree), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), continues to grow its diversified residential income REIT. Today, Broadtree announced the acquisition of a portfolio of 120 single family rental homes in suburban Atlanta, Georgia, for a total purchase price of approximately $8.5 million. Continue reading
ROCHESTER, N.Y.- Broadstone Real Estate, LLC (Broadstone) is pleased to announce that the company has been named to the Rochester Chamber Top 100 for the sixth consecutive year. Broadstone placed sixth on the list this year, up from 25th place in 2015.
To be eligible for the Rochester Chamber Top 100, businesses must be privately held, headquartered in the nine-county Rochester region, and have earned at least $1 million in revenue in each of the three most recent fiscal years. Continue reading