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Stock impact report

Broadstone Net Lease Announces First Quarter 2024 Results [Yahoo! Finance]

Broadstone Net Lease, Inc. (BNL) 
US:NYSE Investor Relations: bunzl.com/investors.aspx
Company Research Source: Yahoo! Finance
MANAGEMENT COMMENTARY "Adding to the positive momentum discussed in our April 3 press release, we've now closed on $202 million of investments during 2024 and have $122 million of investments under control," said John Moragne, BNL's Chief Executive Officer. "Executing on our healthcare portfolio simplification strategy and returning to consistent growth is our top priority. Despite historically low net lease transaction volumes, our recent deals highlight our ability to creatively source and structure high quality, direct investments, including certain transitional capital allocations that provided access to otherwise unavailable assets. With a resilient and soon-to-be streamlined portfolio, fortified balance sheet, proven ability to source accretive investments, and relatively smaller asset base compared to other net lease peers, we're primed for sustainable growth in the years to come." FIRST QUARTER 2024 HIGHLIGHTS INVESTMENT ACTIVITY During the first quarter, we invested Show less Read more
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