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 and six months ended June 30, 2019 (the “Q2 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.
ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,”” we,” or ”us”) today announced that there will be no cap on new and additional investments in shares of its common stock for the equity closing that is scheduled to occur on July 31, 2019. The cap for July 2019 was previously set at $20 million. Continue reading
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 $0.14 per share for Class I and Class W. This equates to an annualized distribution rate[1] of 5.23% for the Class I and Class W shares. Continue reading
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.
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
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.
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
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
ROCHESTER, N.Y. – Broadstone Real Estate, LLC (“Broadstone”), a sponsor and manager of diversified real estate investment offerings, today announced that Curtis Walker has joined the firm as Senior Vice President, Acquisitions focused on Broadtree Residential, Inc. (“Broadtree” or “BTR”). Continue reading
ROCHESTER, N.Y. — Broadstone Net Lease, Inc. (“BNL”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), continued to expand its nationwide portfolio of freestanding, single-tenant, net leased commercial properties during 2018. Today, BNL announced strong full-year portfolio activity, including the acquisition of 113 properties via 26 distinct transactions for approximately $606.8 million. Continue reading
