News

Broadstone Net Lease, Inc. Reports 2018 Fourth-Quarter and Full-Year Performance

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.

Continue reading

News

Broadstone Net Lease, Inc. Announces Debt Capital Markets Transactions

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

Blog

Multifamily UPREITs: Nuances, Features, and Benefits

UPREIT, Multifamily Real Estate, Commercial Real Estate

The complications of real estate property management, the desire for diversification, and the nature and process of estate planning are all common reasons for real estate investors to want to exit their real estate investments. Unfortunately, sales of properties for cash are typically taxable events, which means that the investor becomes liable for taxes on the difference between the sales price and the investor’s adjusted tax basis in the property. Continue reading

News

Broadstone Net Lease, Inc. Announces Changes to Determined Share Value and Monthly Distribution Rate

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

Blog

Our #1 Takeaway from the 2019 IMN Private Equity Real Estate Forum

Private Equity Real Estate Forum

Each year, the IMN organization hosts a cast of more than 1,000 real estate professionals in Laguna Beach, California for its “Winter Forum on Real Estate Opportunity and Private Fund Investing”. The event is an interesting one because it spans real estate asset classes and investing disciplines and includes a wide array of investors and capital sources. Broadstone has attended for the last several years, and this year I attended with our CEO Chris Czarnecki in tow. Continue reading

News

Broadstone Net Lease, Inc. Announces Continued Portfolio Growth in 2018

BNL 2018 Year in Review

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

Blog

Jolly Jeans 2018: Broadstone Gives Back!

Philanthropy is an important tenet of the Broadstone culture. It’s part of who we are as a team. What better time than the holiday season to prioritize giving back? For the second year in a row, we are proud to participate in a campaign we have coined ‘Jolly Jeans’—colleagues have the option to wear jeans to work for three weeks in December in exchange for a donation to a charity of one’s choice. Continue reading