BNL Property Acquisition: AOII Portfolio

Broadstone Net Lease has acquired a portfolio of three single-tenant, triple-net leased student housing properties located in California, Oregon, and Oklahoma, tenanted by the Alpha Omicron Pi sorority. In aggregate, the properties total 31,935 square feet and contain 104 beds, with an approximate weighted average remaining lease term of 18 years, and 2.00% annual rent escalations. Continue reading