BROADSTONE NET LEASE INC. overview

Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended June 30, 2023. SECOND QUARTER 2023 HIGHLIGHTS INVESTMENT ACTIVITY During the second quarter, we invested $64.9 million in five industrial properties, including $20.4 million in new property acquisitions, $7.0 million in revenue generating capital expenditures, and $37.5 million in development fundings. The new property acquisitions...

Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended June 30, 2023, after the market closes on Wednesday, August 2, 2023. The Company will host its earnings conference call and audio webcast on Thursday, August 3, 2023, at 11:00 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit:...

Broadstone Net Lease, Inc. (NYSE: BNL) ("BNL," the "Company," "we," "our," or "us"), today provided an update on the Company’s second quarter activity to date. MANAGEMENT COMMENTARY “ I am pleased to provide a preview of our second quarter activity ,” said John Moragne, Chief Executive Officer. “ Our portfolio continues to demonstrate its strength and resiliency with 100% collections through April and May. We continue to selectively find accretive opportunities to deploy capital in...

Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended March 31, 2023. FIRST QUARTER 2023 HIGHLIGHTS INVESTMENT ACTIVITY Invested $20.0 million in three properties at a weighted average initial cash capitalization rate of 7.0%, including revenue generating capital expenditures with existing industrial tenants (74% of the quarter’s volume, based on invested dollars) and a retail...

Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended March 31, 2023, after the market closes on Wednesday, May 3, 2023. The Company will host its earnings conference call and audio webcast on Thursday, May 4, 2023, at 10:30 a.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit:...

Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced the release of its inaugural environmental, social and governance (“ESG”) report. “ We have always taken pride in acting as a responsible corporate citizen, and strive to continue to improve in this area, ” said John Moragne, Chief Executive Officer. “ Our inaugural ESG Report serves as an important step in our ongoing ESG journey and provides...

Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) announced today that its Board of Directors has authorized the repurchase of up to $150 million of its outstanding common stock under a stock repurchase program (the “Program”). The authorization will expire on March 14, 2024. The stock may be repurchased from time to time in the open market (including trading plans that may be adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended),...

Broadstone Net Lease, Inc. (NYSE: BNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter and year ended December 31, 2022. FOURTH QUARTER 2022 HIGHLIGHTS INVESTMENT ACTIVITY Invested $310.3 million at a weighted average initial cash capitalization rate of 6.7%, including the acquisition of 17 properties with a weighted average initial term of 19.7 years and minimum annual rent increases of 2.0%. These investments were predominantly weighted...