Broadstone Net Lease Inc. (BNL) Tops Q3 EPS by 3c

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Broadstone Net Lease Announces Third Quarter 2021 Results

November 1, 2021 4:14 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 September 30, 2021.

THIRD QUARTER 2021 HIGHLIGHTS

Invested $225.9 million in 18 properties at a weighted average initial cash cap rate of 6.5% with an additional $13.0 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, we have an additional $102.0 million of properties under... More