BNL - Mergers and acquisitions

Broadstone Net Lease, Inc. (NYSE:BNL) ("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. Common Stock – CUSIP number 11135E203 FORM 1099-DIV Box 1a Box 2a Box 2b Box 2f Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions (1) Unrecaptured Section 1250 Gain (2) Section 897 Capital Gain (3) Nondividend Distributions (4)

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 today's market including new acquisitions, continued investment in our existing properties, and attractive build-to-suit opportunities. We remain committed to our disciplined and prudent approach to capital alloc

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 investors valuable insight into our recent ESG-related initiatives and achievements. I am confident that you will find the information in the report informative and useful and look forward to providing further updates in this ever-increasin

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), block purchases, privately negotiated transactions, or other means in accordance with federal securities laws and other legal requirements. Whether such purchases under the Program are made will depend on the C

Broadstone Net Lease, Inc. (NYSE:BNL) ("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. Common Stock – CUSIP number 11135E203 FORM 1099-DIV Box 1a Box 2a Box 2b Box 2f Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions (1) Unrecaptured Section 1250 Gain (2) Section 897 Capital Gain (3) Nondividend Distributions (4) Section 199A Dividends 12/31/2021 01/14/2022 $0.26

Broadstone Net Lease, Inc. (NYSE:BNL) ("BNL," the "Company," "we," "our," or "us"), today provided an update on the Company's third quarter and year-to-date 2022 results. MANAGEMENT COMMENTARY "I am pleased to provide a preview of our third quarter activity," said Chris Czarnecki, Chief Executive Officer. "Exceptional capital markets execution during the quarter allowed us to lock in a cost of capital that accretively complements our robust pipeline of recently closed and under control opportunities as we move toward finishing 2022 on a strong note. This, coupled with consistent and reliable portfolio performance, gives us great confidence in the guidance update provided with this release

Broadstone Net Lease, Inc. (NYSE:BNL) ("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. The Company has collected 100% of base rents due for the third quarter for all properties under lease. As of today, three properties are vacant and currently not subject to a lease. "We have thoughtfully built a strong, resilient portfolio, hyper-diversified by property type, geography, tenant, and in

Broadstone Net Lease, Inc. (NYSE:BNL), ("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. About Broadstone Net Lease, Inc. BNL is a real est

Broadstone Net Lease, Inc. (NYSE:BNL) ("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. Common Stock – CUSIP number 11135E203 (1) FORM 1099-DIV Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Unrecaptured Section 1250 Gain Nondividend Distributions (2) Section 199A Dividends 12/31/2020 01/15/2021 $0.25 $0.152639

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, 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. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://services.choruscall.com/links/bnl210804.html. If you prefer to listen via phone, please dial: 1-888-349-0109 and request to join the Broadstone Net Lease, Inc. call. International callers may dial 1-412-542-4109, an

Broadstone Net Lease, Inc. (NYSE:BNL), an internally-managed real estate investment trust ("BNL," the "Company," "we," "our," or "us"), today provided an update on its recent business activities. QUARTER-TO-DATE UPDATES Quarter-to-date, we have invested $134.5 million, excluding capitalized acquisition costs, to acquire 14 properties at a weighted average initial cash cap rate of 6.2%. "Cash cap rate" represents the first-year cash yield estimated by us to be generated by a property that we acquire, based on the contractually specified base rent in place for the first full year after the date of our acquisition, divided by the purchase price of the property. The acquisitions included prop

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 f

Broadstone Net Lease, Inc. (NYSE:BNL), 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. FIRST QUARTER 2021 HIGHLIGHTS 2021 AFFO guidance range raised to $1.28 to $1.34 per diluted share. Invested $87.3 million in 28 properties at a weighted average initial cash cap rate of 6.4% with an additional $206.5 million of acquisitions under control. Collected 99.8% of base rents due for the first quarter. Occupancy increased 50 basis points to 99.7%. Incurred $10.6 million of general and administrative expenses, inclusive of $1.8 million of stock-based compensation,

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, 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. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://services.choruscall.com/links/bnl210505.html. If you prefer to listen via phone, please dial: 1-888-349-0109 and request to join the Broadstone Net Lease, Inc. call. International callers may dial 1-412-542-4109, and Cana

ROCHESTER, N.Y., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter and full year ended December 31, 2020 after the market closes on Wednesday, February 24, 2021. The Company will host its earnings conference call and audio webcast on Thursday, February 25, 2021, at 1:00 p.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://services.choruscall.com/links/bnl210225.html. If you prefer to listen via phone, please dial: 1-888-349-0109 and request to join the Broad

ROCHESTER, N.Y., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that S&P Global Ratings (“S&P”) assigned the Company an initial credit rating of 'BBB' with a stable outlook. S&P is also assigning a 'BBB' rating to the Company’s operating subsidiary, Broadstone Net Lease, LLC and a 'BBB' issue-level rating to the Company's outstanding senior unsecured notes. S&P commented that the rating reflects BNL's well-diversified platform that mitigates sector-specific headwinds, its steady and favorable operating performance, and its prudent financial policy following the successful execution of its IPO. Ryan M. Albano, BNL’s Chief