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
ROCHESTER, N.Y. – Broadstone Real Estate Access Fund (“BDREX”), a continuously offered, closed-end interval fund, registered under the Investment Company Act of 1940, announced today it paid shareholders an initial quarterly dividend. Continue reading
ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” “we,” or “our”) announced today that the cap on new and additional investments in shares of its common stock will be $25 million and $20 million, respectively, for the closings that are scheduled to occur on December 31, 2018, and January 31, 2019. 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 and nine months ended September 30, 2018 (the “Q3 2018 10-Q”), which is available free of charge on the SEC’s public website and on our website at: http://investors.bnl.broadstone.com. Continue reading
ROCHESTER, N.Y., – Broadstone Real Estate, LLC (Broadstone), a sponsor and manager of diversified real estate investment offerings for investors and institutions seeking income-oriented alternatives to the public equity markets, announced today that the company has been named to the Rochester Chamber Top 100 for the eighth consecutive year. The annual program recognizes the fastest-growing privately held companies in the Greater Rochester region. Continue reading
ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL”) announced today that it has been actively monitoring and assessing the impact of Hurricane Michael on its 19 properties located in Alabama, Florida, Georgia, and South Carolina impacted by the storm,which account for approximately $4.97 million of BNL’s contractual rental revenue over the next twelve months and 707,165 of BNL’s rentable square feet of operational space. Continue reading
Broadstone’s New Interval Fund Now Open for Investment
ROCHESTER, N.Y. – Broadstone Real Estate, LLC (“Broadstone”) today announced the launch of Broadstone Real Estate Access Fund (”BDREX” or the “Fund”), a continuously offered, closed-end interval fund, registered under the Investment Company Act of 1940. The Fund’s registration was declared effective by the Securities and Exchange Commission on October 1, 2018. Continue reading
ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL”) announced today that it has completed its initial assessment of the impact of Hurricane Florence on the 23 properties BNL owns that are located in the areas of North Carolina, South Carolina, and Virginia that may have been impacted by the storm. Continue reading
