Broadstone Net Lease Inc at NAREIT REITweek: Investor Conference Transcript
One of the things that we looked at as coming to this year was Net Lease, by its nature is a defensive REITs class. And we wanted to make sure that we were as well positioned as possible for what we knew was going to be a difficult in Rocky 2023 as possible. So we have 99.4% occupancy. We've had 100% rent collection all the way through year-to-date for this year. So the portfolio is performing exceedingly well.
Questions & Answers
I'm here today with John Moragne, CEO of Broadstone Net lease. Can you talk about Broadstone's capital allocation strategy and how you view opportunities and challenges in today's market?
Yes, sure. So the market backdrop is particularly difficult. We've seen volumes fall off considerably from the last couple of years. Seller expectations remain sort of stubbornly high. A number of buyers has changed, higher for longer interest rate
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
