Articles from Broadstone Net Lease, Inc.
Broadstone Net Lease Announces Tax Treatment of 2024 Dividends
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced the income tax allocation of 2024 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received.
By Broadstone Net Lease, Inc. · Via Business Wire · January 24, 2025
Broadstone Net Lease Adds $117.4 Million to its Committed Pipeline of Build-to-Suit Development Commitments and Schedules Fourth Quarter 2024 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced it has added two new developments with an aggregate estimated total project investment of approximately $117.4 million to its pipeline of build-to-suit development commitments. BNL also announced that it will release its financial and operating results for the quarter and year ended December 31, 2024, after the market closes on Wednesday, February 19, 2025. The Company will host its earnings conference call and audio webcast on Thursday, February 20, 2025, at 1:00 p.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · January 6, 2025
Broadstone Net Lease Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit’s REITworld 2024 Annual Conference
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced it has updated its pipeline of build-to-suit development commitments. Additionally, the Company announced that BNL’s CEO, John Moragne, CFO, Kevin Fennell, and Director of Corporate Finance and Investor Relations, Brent Maedl, will be participating in the Nariet REITworld 2024 Annual Conference in Las Vegas, NV, on November 19 and November 20, 2024.
By Broadstone Net Lease, Inc. · Via Business Wire · November 18, 2024
Broadstone Net Lease Announces Third Quarter 2024 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL”, the “Company”, “we”, “our”, or “us”), today announced its operating results for the quarter ended September 30, 2024.
By Broadstone Net Lease, Inc. · Via Business Wire · October 30, 2024
Broadstone Net Lease Schedules Third Quarter 2024 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended September 30, 2024, after the market closes on Wednesday, October 30, 2024. The Company will host its earnings conference call and audio webcast on Thursday, October 31, 2024, at 10:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · October 2, 2024
Broadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at the Wells Fargo 13th Annual Net Lease REIT Forum
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided an update on its recent business activity through September 8, 2024. Additionally, the Company announced that BNL’s CEO, John Moragne, and CFO, Kevin Fennell, will be participating in the Wells Fargo 13th Annual Net Lease REIT Forum in New York, NY, on Monday, September 9, 2024.
By Broadstone Net Lease, Inc. · Via Business Wire · September 9, 2024
Broadstone Net Lease Announces Second Quarter 2024 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL”, the “Company”, “we”, “our”, or “us”), today announced its operating results for the quarter ended June 30, 2024.
By Broadstone Net Lease, Inc. · Via Business Wire · July 30, 2024
Broadstone Net Lease Provides an Update on its Healthcare Portfolio Simplification Strategy and Schedules Second Quarter 2024 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided an update on its healthcare portfolio simplification strategy through June 30, 2024. Additionally, the Company announced that it will release its financial and operating results for the quarter ended June 30, 2024, after the market closes on Tuesday, July 30, 2024, and host its earnings conference call and audio webcast on Wednesday, July 31, 2024, at 11:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · July 2, 2024
Broadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at Nareit’s REITWeek: 2024 Investor Conference
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided an update on its recent business activity through the month ended May 31, 2024. Additionally, the Company announced that BNL’s CEO, John Moragne, and CFO, Kevin Fennell, will make a presentation regarding the Company at Nareit’s REITweek: 2024 Investor Conference in New York, NY, on Tuesday, June 4, 2024, at 3:45 PM Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · June 3, 2024
Broadstone Net Lease Announces First Quarter 2024 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL”, the “Company”, “we”, “our”, or “us”), today announced its operating results for the quarter ended March 31, 2024.
By Broadstone Net Lease, Inc. · Via Business Wire · May 1, 2024
Broadstone Net Lease Issues 2023 Sustainability Report
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced the release of its 2023 Sustainability Report.
By Broadstone Net Lease, Inc. · Via Business Wire · April 26, 2024
Broadstone Net Lease Schedules First Quarter 2024 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024. The Company will host its earnings conference call and audio webcast on Thursday, May 2, 2024, at 11:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · April 5, 2024
Broadstone Net Lease Provides First Quarter 2024 Business Update
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided a business update for the quarter ended March 31, 2024. Additionally, the Company announced that it will be participating in the Morgan Stanley Triple Net REIT Day on April 9, 2024.
By Broadstone Net Lease, Inc. · Via Business Wire · April 3, 2024
Broadstone Net Lease Announces 2023 Results and its Healthcare Portfolio Simplification Strategy
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL”, the “Company”, “we”, “our”, or “us”), today announced its operating results for the year and quarter ended December 31, 2023, and its healthcare portfolio simplification strategy.
By Broadstone Net Lease, Inc. · Via Business Wire · February 21, 2024
Broadstone Net Lease Announces Tax Treatment of 2023 Dividends
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced the income tax allocation of 2023 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received.
By Broadstone Net Lease, Inc. · Via Business Wire · January 19, 2024
Broadstone Net Lease Schedules Fourth Quarter 2023 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter and year ended December 31, 2023, after the market closes on Wednesday, February 21, 2024. The Company will host its earnings conference call and audio webcast on Thursday, February 22, 2024, at 11:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · January 17, 2024
Broadstone Net Lease Announces Third Quarter 2023 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended September 30, 2023.
By Broadstone Net Lease, Inc. · Via Business Wire · November 1, 2023
Broadstone Net Lease, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended September 30, 2023, after the market closes on Wednesday, November 1, 2023. The Company will host its earnings conference call and audio webcast on Thursday, November 2, 2023, at 10:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · October 11, 2023
Broadstone Net Lease Announces Second Quarter 2023 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended June 30, 2023.
By Broadstone Net Lease, Inc. · Via Business Wire · August 2, 2023
Broadstone Net Lease, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“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.
By Broadstone Net Lease, Inc. · Via Business Wire · July 10, 2023
Broadstone Net Lease Provides Business Update
Broadstone Net Lease, Inc. (NYSEBNL) ("BNL," the "Company," "we," "our," or "us"), today provided an update on the Company’s second quarter activity to date.
By Broadstone Net Lease, Inc. · Via Business Wire · June 5, 2023
Broadstone Net Lease Announces First Quarter 2023 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended March 31, 2023.
By Broadstone Net Lease, Inc. · Via Business Wire · May 3, 2023
Broadstone Net Lease, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“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.
By Broadstone Net Lease, Inc. · Via Business Wire · April 12, 2023
Broadstone Net Lease Releases Inaugural Environmental, Social & Governance Report
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced the release of its inaugural environmental, social and governance (“ESG”) report.
By Broadstone Net Lease, Inc. · Via Business Wire · April 10, 2023
Broadstone Net Lease, Inc. Announces $150 Million Stock Repurchase Authorization
Broadstone Net Lease, Inc. (NYSEBNL) (“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.
By Broadstone Net Lease, Inc. · Via Business Wire · March 14, 2023
Broadstone Net Lease Announces Fourth Quarter and Full Year 2022 Results
Broadstone Net Lease, Inc. (NYSEBNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter and year ended December 31, 2022.
By Broadstone Net Lease, Inc. · Via Business Wire · February 22, 2023
Broadstone Net Lease Provides Updates on Its Board of Directors and Schedules Fourth Quarter 2022 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced that its Board of Directors (the “Board”) has appointed Jessica Duran, a Managing Director and the Chief Financial Officer of TSG Consumer Partners, and Laura Felice, the Executive Vice President and Chief Financial Officer of BJ’s Wholesale Club Holdings, Inc. to the Board.
By Broadstone Net Lease, Inc. · Via Business Wire · January 23, 2023
Broadstone Net Lease, Inc. Announces Tax Treatment of 2022 Dividends
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced the income tax allocation of 2022 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received.
By Broadstone Net Lease, Inc. · Via Business Wire · January 20, 2023
Broadstone Net Lease Announces Management Transition & YE 2022 Business Update
Broadstone Net Lease, Inc. (NYSEBNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced that its Board of Directors has approved a senior executive succession plan pursuant to which John Moragne, currently the Company’s Executive Vice President and Chief Operating Officer, will become Chief Executive Officer (“CEO”) and a member of the Board, effective February 28, 2023. President and CEO Chris Czarnecki will step down from his current role and the Board of Directors upon the effective date but will remain with the Company through January 31, 2024, in an advisory role as part of the planned transition.
By Broadstone Net Lease, Inc. · Via Business Wire · January 11, 2023
Broadstone Net Lease Announces Third Quarter 2022 Results
Broadstone Net Lease, Inc. (NYSEBNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended September 30, 2022.
By Broadstone Net Lease, Inc. · Via Business Wire · November 2, 2022
Broadstone Net Lease, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended September 30, 2022, after the market closes on Wednesday, November 2, 2022. The Company will host its earnings conference call and audio webcast on Thursday, November 3, 2022, at 11:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · October 14, 2022
Broadstone Net Lease Provides Updates on Third Quarter 2022 Results and Full Year Guidance
Broadstone Net Lease, Inc. (NYSEBNL) ("BNL," the "Company," "we," "our," or "us"), today provided an update on the Company’s third quarter and year-to-date 2022 results.
By Broadstone Net Lease, Inc. · Via Business Wire · October 4, 2022
Broadstone Net Lease Announces Third Quarter 2022 Rent Collection Results and Plan to Provide a Business Update Shortly After the Completion of the Quarter
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its rent collection results for the quarter ending September 30, 2022, and also announced that it will provide a business update, including information regarding its third quarter and 2022 year-to-date acquisition activity and 2022 guidance, before the market opens on Tuesday, October 4, 2022.
By Broadstone Net Lease, Inc. · Via Business Wire · September 27, 2022
Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock
Broadstone Net Lease, Inc. (NYSEBNL), (“BNL”), today announced the pricing of an underwritten public offering of 13,000,000 shares of its Common Stock, at a price to the public of $21.35 per share, less underwriting discounts and commissions, in connection with the forward sale agreements described below. The underwriters also have been granted a 30-day option to purchase up to an additional 1,950,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The closing of the offering is expected to occur on August 12, 2022, subject to the satisfaction of customary closing conditions.
By Broadstone Net Lease, Inc. · Via Business Wire · August 10, 2022
Broadstone Net Lease, Inc. Announces Public Offering of Common Stock
Broadstone Net Lease, Inc. (NYSEBNL), (“BNL”), today announced that it is commencing an underwritten public offering of 13,000,000 shares of Common Stock, par value $0.00025 per share, in connection with the forward sale agreements described below. BNL expects to grant the underwriters a 30-day option to purchase up to 1,950,000 additional shares of Common Stock.
By Broadstone Net Lease, Inc. · Via Business Wire · August 10, 2022
Broadstone Net Lease Provides Update on Q3 2022 Acquisitions Activity
Broadstone Net Lease, Inc. (NYSEBNL), (“BNL”), continues to build and evaluate a robust pipeline of potential investment opportunities predominantly focused on industrial, healthcare, restaurant, and retail asset classes. Today, BNL provided an update on third quarter acquisitions activity. Subsequent to the quarter ended June 30, 2022, we closed an additional $80.2 million of acquisitions and currently have $367.8 million of properties under control, inclusive of two direct industrial sale-leaseback transactions covering 11 assets for over $290 million. BNL defines properties under control as under contract or executed letter of intent.
By Broadstone Net Lease, Inc. · Via Business Wire · August 10, 2022
Broadstone Net Lease Announces Second Quarter 2022 Results
Broadstone Net Lease, Inc. (NYSEBNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended June 30, 2022.
By Broadstone Net Lease, Inc. · Via Business Wire · August 3, 2022
Broadstone Net Lease, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended June 30, 2022, after the market closes on Wednesday, August 3, 2022. The Company will host its earnings conference call and audio webcast on Thursday, August 4, 2022, at 10:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · July 5, 2022
Broadstone Net Lease Announces First Quarter 2022 Results
Broadstone Net Lease, Inc. (NYSEBNL) ("BNL," the "Company," "we," "our," or "us"), today announced its operating results for the quarter ended March 31, 2022.
By Broadstone Net Lease, Inc. · Via Business Wire · May 3, 2022
Broadstone Net Lease, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended March 31, 2022, after the market closes on Tuesday, May 3, 2022. The Company will host its earnings conference call and audio webcast on Wednesday, May 4, 2022, at 1:00 p.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · April 12, 2022
Broadstone Net Lease Announces Fourth Quarter and Full Year 2021 Results
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter and year ended December 31, 2021.
By Broadstone Net Lease, Inc. · Via Business Wire · February 22, 2022
Broadstone Net Lease, Inc. Announces Tax Treatment of 2021 Dividends
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced the income tax allocation of 2021 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received.
By Broadstone Net Lease, Inc. · Via Business Wire · January 20, 2022
Broadstone Net Lease, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended December 31, 2021, after the market closes on Tuesday, February 22, 2022. The Company will host its earnings conference call and audio webcast on Wednesday, February 23, 2022, at 1:00 p.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · January 20, 2022
Broadstone Net Lease Announces Third Quarter 2021 Results
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended September 30, 2021.
By Broadstone Net Lease, Inc. · Via Business Wire · November 1, 2021
Broadstone Net Lease, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended September 30, 2021, after the market closes on Monday, November 1, 2021. The Company will host its earnings conference call and audio webcast on Tuesday, November 2, 2021, at 10:00 a.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · October 5, 2021
Broadstone Net Lease Announces Closing of $375 Million Senior Notes Offering
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced that Broadstone Net Lease, LLC, its operating partnership (the “issuer” or the “OP”), has completed its public offering of $375 million aggregate principal amount of 2.600% senior unsecured notes due 2031 (the “Notes”). The Notes were priced at 99.816% of the principal amount and will mature on September 15, 2031. The Notes are senior unsecured obligations of the OP and are guaranteed by BNL.
By Broadstone Net Lease, Inc. · Via Business Wire · September 15, 2021
Broadstone Net Lease Announces Pricing of $375 Million in Senior Notes due 2031
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced that Broadstone Net Lease, LLC, its operating partnership (the “issuer” or the “OP”), has priced a public offering of $375 million aggregate principal amount of senior unsecured notes due 2031 (the “Notes”). The Notes were priced at 99.816% of the principal amount and will mature on September 15, 2031. The closing of the offering is expected to occur on September 15, 2021, subject to satisfaction of customary closing conditions. The Notes will be senior unsecured obligations of the OP and will be jointly and severally guaranteed by BNL.
By Broadstone Net Lease, Inc. · Via Business Wire · September 10, 2021
Broadstone Net Lease Announces Second Quarter 2021 Results
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended June 30, 2021.
By Broadstone Net Lease, Inc. · Via Business Wire · August 3, 2021
Broadstone Net Lease, Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended June 30, 2021, after the market closes on Tuesday, August 3, 2021. The Company will host its earnings conference call and audio webcast on Wednesday, August 4, 2021, at 1:30 p.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · July 13, 2021
Broadstone Net Lease Announces Closing of Public Offering of Common Stock
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced that it has completed its underwritten public offering of 11,500,000 shares of its Common Stock, which includes the full exercise of the underwriters’ option to purchase an additional 1,500,000 shares of Common Stock, at a price to the public of $23.00 per share, less underwriting discounts and commissions.
By Broadstone Net Lease, Inc. · Via Business Wire · June 28, 2021
Broadstone Net Lease Announces Pricing of Public Offering of Common Stock
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), announced today the pricing of an underwritten public offering of 10,000,000 shares of its Common Stock at a price to the public of $23.00 per share, less underwriting discounts and commissions. The underwriters also have been granted a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The closing of the offering is expected to occur on June 28, 2021, subject to satisfaction of customary closing conditions.
By Broadstone Net Lease, Inc. · Via Business Wire · June 23, 2021
Broadstone Net Lease, Inc. Announces Public Offering of Common Stock
Broadstone Net Lease, Inc., an internally-managed real estate investment trust (“BNL”), today announced that it has commenced an underwritten public offering of 10,000,000 shares of its common stock. All shares of common stock to be sold in the offering will be offered by BNL. BNL intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock. Goldman Sachs & Co. LLC and BMO Capital Markets are acting as joint lead book-running managers for the proposed offering. BNL will contribute the net proceeds of the proposed offering to its operating partnership, Broadstone Net Lease, LLC, which intends to subsequently use such net proceeds to pay down outstanding borrowings under BNL’s $900 million revolving credit facility, fund potential acquisition opportunities and for other general corporate and working capital purposes.
By Broadstone Net Lease, Inc. · Via Business Wire · June 23, 2021
Broadstone Net Lease Provides Updates on Second Quarter Acquisitions and Portfolio Performance
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today provided an update on its recent business activities.
By Broadstone Net Lease, Inc. · Via Business Wire · June 23, 2021
Broadstone Net Lease Proposes Amendment to Company Charter
Broadstone Net Lease, Inc. (the “Company) today announced that the Company’s Board of Directors has determined that it is in the best interest of the Company and its stockholders to amend the Company’s Articles of Incorporation, as amended (the “Charter”), to provide that amendments to the Charter shall only require the approval of a majority of votes cast at a duly called meeting of the Company’s stockholders, with a customary carve-out that would retain a supermajority vote for amendments to the restrictions on transfer and ownership of shares in connection with complying with REIT ownership requirements. Such an amendment would replace the current supermajority voting standard provided for by the Maryland General Corporate law, except for the provisions with respect to REIT ownership requirements. The Company intends to submit a proposal to stockholders at its 2022 annual meeting of stockholders to amend the Charter accordingly.
By Broadstone Net Lease, Inc. · Via Business Wire · May 11, 2021
Broadstone Net Lease Announces First Quarter 2021 Results
Broadstone Net Lease, Inc. (NYSEBNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended March 31, 2021.
By Broadstone Net Lease, Inc. · Via Business Wire · May 4, 2021
Broadstone Net Lease, Inc. Schedules First Quarter 2021 Earnings Release and Conference Call
Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended March 31, 2021 after the market closes on Tuesday, May 4, 2021. The Company will host its earnings conference call and audio webcast on Wednesday, May 5, 2021, at 1:30 p.m. Eastern Time.
By Broadstone Net Lease, Inc. · Via Business Wire · April 13, 2021