VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL”, the “Company”, “we”, “our”, or “us”), today announced its operating results for the year and quarter ended December 31, 2023, and its healthcare portfolio simplification strategy. MANAGEMENT COMMENTARY “ I am incredibly proud of our 2023 results, which we were able to deliver despite significant economic headwinds and capital market volatility through the year. We thoughtfully navigated a challenging environment by intentionally ...

If a tenant, or the guarantor of a lease of a tenant, commences, or has commenced against it, any legal or equitable proceeding under any bankruptcy, insolvency, receivership, or other debtor's relief statute or law (collectively, a "bankruptcy proceeding"), we may be unable to collect all sums due to us under that tenant's lease or be forced to "take back" a property as a result of a default or a rejection of a lease by a tenant in a bankruptcy proceeding. In addition, an actual or anticipated tenant bankr ...

Exhibit 99.2 NET LEASE, INC. Q4 2023 QUARTERLY SUPPLEMENTAL INFORMATION www.broadstone.com | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------|-------| | Section | Page | | About the Data | 3 | | Company Overview | 4 | | Quarterly Financial Summary | 5 | | Balance Sheet | 6 | | Income Statement Summary | 7 | | Funds From Operations (FFO), Core Funds From Operations (Core FFO), and Adjusted Funds From Operati ...

Jeng_Niamwhan/iStock via Getty Images Interest rate speculation continues to wreak havoc across the net lease sector and real estate. Since the sector reached a bottom in October, net lease REITs have rallied as investors remained optimistic that near term rate cuts were a possibility. The sector speculated and priced in interest rate relief in the early part of 2024. However, recent news from the Federal Reserve indicates that near term interest rate cuts are unlikely. This past week, Powell signaled a ...

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced the income tax allocation of 2023 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received. Common Stock – CUSIP number 11135E203 FORM 1099-DIV Box 1a Box 2a Box 2b Box 2f Box 3 Box 5 Record Date Payment Date Distribution Per Shar ...

公司信息 - Broadstone Net Lease, Inc.（NYSE: BNL）宣布将于2024年2月21日周三市场收盘后发布截至2023年12月31日季度和年度的财务和运营结果[1] - BNL是一家以工业为重点的多元化净租赁房地产投资信托公司，截至2023年9月30日，其多元化投资组合包括800个单独的净租赁商业物业，其中793个物业位于美国44个州，7个物业位于加拿大4个省，涵盖工业、医疗保健、餐饮、零售和办公室物业类型[1] 盈利电话会议 - 公司将于2024年2月22日周四东部时间上午11:00举行盈利电话会议和音频网络研讨会[1] 风险和不确定性 - 公司的前瞻性陈述涉及已知和未知的风险和不确定性，可能导致BNL的实际未来结果与预期结果有很大差异，包括与一般经济状况、地方房地产状况、租户财务状况、物业投资和收购以及完成这些物业投资和收购的时间和不确定性相关的风险和不确定性[2]

财务数据和关键指标变化 - 第三季度AFFO为7000万美元,每股0.36美元,环比增长1.3% [29] - 公司维持2023年AFFO指引为每股1.40-1.42美元 [35] - 公司调整全年投资额目标从3亿-5亿美元降至最高2.5亿美元 [35] - 公司调整全年资产出售额目标从1.5亿-2亿美元增至约2亿美元 [36] - 公司调整全年现金G&A目标从3.2亿-3.4亿美元降至3.1亿-3.3亿美元 [36] 各条业务线数据和关键指标变化 - 公司第三季度出售2处资产,获得6230万美元现金,加权平均现金收益率为6.2% [20][21] - 年初至今公司共出售11处资产,获得1.891亿美元现金,加权平均现金收益率为6% [21] - 公司第三季度投资活动主要为UNFI项目建设资金投入和收益性资本支出 [23] 各个市场数据和关键指标变化 - 公司认为2024年市场环境可能与2023年类似,不预期股权融资环境会有明显改善 [45][46] - 公司观察到交易市场价格发现过程中买卖双方价差持续扩大,买方出价下降幅度超过卖方价格调整 [65][66] 公司战略和发展方向及行业竞争 - 公司维持谨慎、有选择性的资本配置策略,在当前不确定市场环境中避免错误决策 [8][10][16] - 公司将继续关注与现有租户和开发商的合作,通过开发资金投入和收益性资本支出补充传统投资 [14][23] - 公司将继续积极处置存在信用风险或剩余价值风险的资产 [20][21] 管理层对经营环境和未来前景的评论 - 公司认为在高利率持续环境下,运营专业能力、财务灵活性、稳健的投资组合表现和持续现金流将是关键 [17] - 公司预计2024年市场环境可能与2023年类似,不会出现大幅外部增长 [45][46] - 公司认为Green Valley医疗中心资产已成为公司长期的重大干扰,将评估所有可能的清算方案 [13][52][57] 问答环节重要的提问和回答 问题1 **Mitch Germain提问** 公司是否考虑处置更多工业资产,是否主要取决于市场需求 [40][41] **John Moragne回答** 公司在处置资产时既考虑自身风险管理,也关注当地市场需求,工业资产占比较高是其中一个原因 [41][42][43] 问题2 **Ki Bin Kim提问** Green Valley医疗中心资产对公司的财务影响及未来处置计划 [74][75][76] **John Moragne回答** 该资产对公司AFFO没有影响,公司正在评估各种清算方案,包括重新租赁或出售,以最大限度减少对公司的干扰 [57][58][75][76] 问题3 **Michael Gorman提问** 公司如何平衡股息支付和留存现金用于未来增长 [83][84][85] **John Moragne回答** 在当前增长乏力的环境下,公司认为通过稳定增长的股息为股东提供最佳回报,同时保留灵活的资本配置能力 [83][84][85]

B R O A D S T O N E NET LEASE, INC. PRESENTATION NOVEMBER 2023 This presentation contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies, and prospects, both business and financial. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "should," "expect," "inte ...

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 ...