On October 13, 2023, the Company paid distributions totaling $55.0 million. On October 26, 2023, the Board of Directors declared a quarterly distribution of $0.285 per share on the Company's common stock and OP Units for the fourth quarter of 2023, which will be payable on or before January 12, 2024 to stockholders and OP unitholders of record as of December 29, 2023. Subsequent to September 30, 2023, the Company borrowed $23.5 million on the unsecured revolving credit facility, the proceeds of which were u ...

BROADSTONE NET LEASE, INC. | www.broadstone.com | © 2023 Broadstone Net Lease, LLC. All rights reserved. 5 BROADSTONE NET LEASE, INC. | www.broadstone.com | © 2023 Broadstone Net Lease, LLC. All rights reserved. 8 This data and other information described herein are as of and for the three months ended June 30, 2023 unless otherwise indicated. Future performance may not be consistent with past performance and is subject to change and inherent risks and uncertainties. This information should be read in conju ...

Broadstone Net Lease, Inc. (NYSE:BNL) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Mike Caruso - Senior Vice President, Corporate Strategy and IR John Moragne - Chief Executive Officer Ryan Albano - President and COO Kevin Fennell - Chief Financial Officer Conference Call Participants Ki Bin Kim - Truist Securities Michael Gorman - BTIG John Kim - BMO Capital Markets Ronald Kamdem - Morgan Stanley Operator Hello. And welcome to Broadstone Net Lease’s Second Quarter 2023 E ...

FORM 10-Q ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-39529 (585) 287-6500 Securities registered pursuant to Section 12(b) of the Act: | --- | --- | --- | --- | --- | --- | |----------|-----------------|--------|---------|-------|-------| | | | | | | | | | | | | | | | Large | accelerated | | filer | | ☒ | | | Non-accelerated | | filer | | ☐ | | Emerging | | growth | company | | ☐ | | --- | --- | |---------------|---------------------- ...

公司概况 - 公司是一家内部管理的房地产投资信托(REIT)，主要收购、拥有和管理长期净租赁给多元化租户群体的单一租户商业房地产物业[79] - 公司的投资组合包括801个物业，其中794个位于44个美国州，7个位于4个加拿大省份[79] 投资组合多样化 - 公司专注于投资于由信用良好的单一租户经营的房地产，这些行业具有积极的业务驱动因素和趋势[80] - 公司的投资组合在物业类型、地理位置、租户和行业方面高度多样化，且在每个方面都进行了交叉多样化[81][82][83] - 公司的投资组合约99.4%出租，平均剩余租期约为10.8年，不包括续租选项[84] - 约97.3%的租约有合同租金上涨条款，平均最低增长率为2.0%[85] - 公司的投资组合按物业类型、租户、品牌、行业和地理位置进行了多样化[87] - 公司的工业物业类型占51.8%，医疗保健占17.4%，餐饮占13.4%，零售占11.6%，办公占5.8%[89] 租赁情况 - 公司租赁的物业大多数采用长期净租赁，租期通常为10年或更长，大部分租约都是净租赁，意味着租户通常要支付与租赁物业相关的所有费用[98] - 公司的前十大租户占总租金收入的19.2%，总面积的21.1%[93] - 公司的前二十大品牌占总租金收入的31.4%，总面积的31.5%[93] - 公司在医疗设施、餐厅、包装食品和肉类、分销商等行业拥有多样化的投资[96] - 公司在美国的房地产投资主要集中在得克萨斯州、密歇根州、伊利诺伊州等地，占总租金收入的97.9%[97] - 公司的多地租户中，69.3%的租金收入来自于主租赁结构，占总租金收入的41.2%[98] - 公司截至2023年3月31日的租赁合同平均剩余期限约为10.8年[99] - 2023年至2042年的租赁到期情况表明，2023年的租赁合同金额为4,497千美元，占总投资组合的1.2%；2030年的租赁合同金额最高，为54,479千美元，占比14.0%[100] - 公司的租赁合同中，97.3%的合同提供未来租金增长，年均最低增长率为2.0%[100] 财务表现 - 公司于2023年第一季度实现净收入为41,374千美元，同比增长12.5%[108] - 公司于2023年第一季度的净收入增长主要归因于租赁收入增加、折旧及摊销减少、利息支出减少等因素[109] - 公司于2023年第一季度确认了3,415万美元的房地产出售收益，主要来自三处物业的出售[107] - 公司于2023年第一季度的运营费用中，折旧及摊销费用增加了7,494千美元，主要是由于房地产投资组合的增长[112] - 2023年第一季度净收入为41374万美元，同比增长45.5%[119] - 2023年第一季度每股摊薄净收益为0.21美元，同比增长31.3%[119] - 2023年第一季度房地产出售收益为341.5万美元，同比增长超过100%[116] - 2023年第一季度投资物业减值损失为147.3万美元[115] 债务情况 - 2023年第一季度总债务为19亿美元，净债务为19亿美元，净债务与年化调整后的EBITDAre比率为5.1倍[121] - 2023年第一季度未偿还的无抵押贷款总额为18.48亿美元[131] - 公司计划通过继续进行跟进股票发行和ATM计划来平衡债务和股本资本化[130] - 公司的债务条款包括杠杆比率、担保债务比率、无担保覆盖比率等要求[132] - 公司相信截至2023年3月31日，已符合所有未偿还借款的所有契约[133] - 截至2023年3月31日，公司的总合同义务为23.16亿美元，其中包括108.33万美元的循环信贷、85.99万美元的抵押贷款、90万美元的长期贷款等[134] - 公司持有的投资物业价值为1.424亿美元，被抵押用于抵押贷款[134] - 公司与两个UPREIT交易的贡献成员签订了两份税收保护协议，涉及的财产出售可能触发约2040万美元的责任[135] - 公司持有973.8万美元的32项利率互换协议，用于管理浮动利率借款的利率风险[137] 经营绩效指标 - 公司计算基金运营资金（FFO）、核心FFO和调整后的FFO，以便投资者评估公司的运营绩效[142] - 公司计算EBITDA、EBITDAre、调整后的EBITDAre和年化调整后的EBITDAre，以提供关于公司运营绩效的重要补充信息[150] - 公司专注于有纪律和有针对性的收购策略，同时通过有选择性的资产管理和物业的选择性出售来管理杠杆比率[152] 风险管理 - 公司采取措施管理利率风险，包括长期固定利率债务和利率互换[158] - 公司的固定利率债务为约19亿美元，受市场利率变动影响，债务公允价值可能会下降[159] - 公司通过利率互换将约10亿美元的可变利率债务转换为固定利率，利率变动将对利息支出产生影响[160]

Broadstone Net Lease, Inc. (NYSE:BNL) Q4 2022 Results Conference Call February 23, 2023 10:00 AM ET Company Participants Mike Caruso - SVP, Corporate Finance & IR Chris Czarnecki - CEO John Moragne - EVP & COO Ryan Albano - EVP & CFO Conference Call Participants Ronald Kamdem - Morgan Stanley Ki Bin Kim - Truist Eric Borden - BMO Capital Markets Operator Hello and welcome to the Broadstone Net Lease Fourth Quarter 2022 Earnings Conference Call. My name is Bruno and I will be the operator of today's call. Pl ...

FORM 10-K Securities registered pursuant to Section 12(g) of the Act: Common Stock, par value $0.00025 per share Page Item 1A. Risk Factors 21 Item 4. Mine Safety Disclosures 44 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 47 Item 9A. Controls and Procedures 108 Item 10. Directors, Executive Officers and Corporate Governance 111 Item 14. Principal Accountant Fees and Services 111 Item 16. Form 10-K Summary 112 This Annual Report on Form 10-K contains forward- ...

Broadstone Net Lease, Inc. (NYSE:BNL) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Michael Caruso - SVP, Corporate Finance & IR Christopher Czarnecki - CEO Ryan Albano - EVP & CFO John Moragne - EVP & COO Conference Call Participants Ki Bin Kim - Truist Securities Christopher Lucas - Capital One Securities Ronald Kamdem - Morgan Stanley Michael Gorman - BTIG John Kim - BMO Capital Markets Operator Hello, and welcome to Broadstone Net Lease's Third Quarter 2022 Earnings ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.00025 par value BNL The New York Stock Exchange Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2022, or ☐ Transition repo ...

Broadstone Net Lease, Inc. (NYSE:BNL) Q2 2022 Earnings Conference Call August 4, 2022 10:00 PM ET Company Participants Mike Caruso - SVP of Corporate Finance and IR Chris Czarnecki - CEO Ryan Albano - CFO John Moragne - COO Conference Call Participants Ki Bin Kim - Truist Michael Gorman - BTIG Ronald Kamdem - Morgan Stanley Operator Hello, and welcome to Broadstone Net Lease's Second Quarter 2022 Earnings Conference Call. My name is Sarah, and I will be your operator today. Please note that today's call is ...