Broadstone Net Lease Inc. (BNL) Tops Q2 EPS by 1c

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Broadstone Net Lease Announces Second Quarter 2021 Results

August 3, 2021 4:05 PM EDT

ROCHESTER, N.Y.--(BUSINESS WIRE)-- 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 June 30, 2021.

SECOND QUARTER 2021 HIGHLIGHTS

- 2021 AFFO guidance range tightened to $1.30 to $1.34 per diluted share.

- Invested $194.0 million in 34 properties at a weighted average initial cash cap rate of 6.2% with an additional $34.2 million of acquisitions that have closed subsequent to quarter end. The acquisitions included properties in industrial, healthcare, and retail asset classes. As of the date of this release,... More