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Broadstone Net Lease, Inc. Reports 2020 Second-Quarter Results and Provides Further Update on Impacts of the COVID-19 Pandemic

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” “our,” or ”us”), an internally-managed real estate investment trust (“REIT”), today announced operating results for the quarter ended June 30, 2020, and provided an update on the impacts of the COVID-19 pandemic on its business and results of operations. All per share amounts presented in this press release are on a diluted per share basis unless stated otherwise.

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Broadstone Net Lease, Inc. Provides Second Quarter Company Update and Announces Second Quarter 2020 Earnings Release Date

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” “our,” or ”us”), an internally-managed real estate investment trust (“REIT”), today provided a preliminary update on its portfolio, the impacts of the COVID-19 pandemic on its business and results of operations, and capital markets activities through the second quarter and July 2020.

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Broadstone Net Lease, Inc. Reports 2020 First-Quarter Results and Provides Update on Impacts of the COVID-19 Pandemic

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), an internally-managed real estate investment trust (“REIT”), today announced operating results for the quarter ended March 31, 2020, and provided an update on the impacts of the COVID-19 pandemic on its business and results of operations. All per share amounts presented in this press release are on a diluted per share basis unless stated otherwise.

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Broadstone Net Lease, Inc. Reports 2019 Fourth-Quarter and Full-Year Results

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), an internally-managed real estate investment trust (“REIT”), today announced operating results for the quarter and year ended December 31, 2019. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise.

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Broadstone Net Lease, Inc. Announces Completion of Management Internalization

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL”) today announced that it has successfully completed the internalization of its management pursuant to the previously announced transaction with Broadstone Real Estate, LLC (the “Former Manager”) and its affiliates through a series of transactions involving the acquisition of the Former Manager by BNL’s operating company, Broadstone Net Lease, LLC (the “Internalization”). Continue reading

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Broadstone Net Lease, Inc. Reports 2019 Third Quarter Performance

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”), today announced operating results for the quarter and nine months ended September 30, 2019. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise.

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Broadstone Net Lease, Inc. Announces Agreement to Internalize Management

Substantial cost savings anticipated to be in excess of $25 million in the first year

Simplified structure with greater alignment between shareholders and management

Continued leadership by management with a track record of profitable growth

ROCHESTER, N.Y. — Broadstone Net Lease, Inc. (“BNL”) today announced that it has entered into a definitive agreement providing for the internalization of the external management functions currently performed for BNL by Broadstone Real Estate, LLC (the “Manager”) and its affiliates through a series of transactions involving the acquisition of the Manager by BNL’s operating company, Broadstone Net Lease, LLC (the “Operating Company”) (such transactions, the “Internalization”), which will result in BNL becoming internally managed. Continue reading