Welcome to our dedicated page for Broadstone Net Lease SEC filings (Ticker: BNL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Broadstone Net Lease, Inc. (NYSE: BNL) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures filed with the U.S. Securities and Exchange Commission. BNL is an industrial-focused, diversified net lease REIT, and its filings offer detailed insight into its portfolio of single-tenant commercial properties, financing arrangements, and non-GAAP performance metrics such as FFO, Core FFO, and AFFO.
Through current reports on Form 8-K, Broadstone Net Lease discloses events such as quarterly and annual earnings releases, updated investor presentations, build-to-suit development updates, and capital markets transactions. For example, recent 8-K filings describe the company’s senior unsecured notes due 2032, the related indenture and guarantees, and the use of proceeds for acquisitions, debt repayment, and general corporate purposes. Other 8-Ks furnish press releases that summarize quarterly operating results, portfolio statistics, and guidance ranges.
On this page, investors can also monitor filings that relate to debt offerings and material definitive agreements, including indentures, underwriting agreements, and covenants affecting leverage and unencumbered assets. These documents help explain how BNL structures its capital stack, manages Net Debt, and evaluates Net Debt to Annualized Adjusted EBITDAre, as referenced in its public communications.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly identify information about rental income, portfolio composition, leverage metrics, and development activity. Real-time updates from EDGAR ensure that new BNL filings appear promptly, while AI-generated overviews can assist users in understanding complex language in earnings releases, supplemental information, and other regulatory documents without replacing the need to review the original filings.
Broadstone Net Lease, Inc. President & COO Ryan M Albano reported two stock transactions. On the vesting of prior awards, 16,005 common shares were withheld by the company to cover his tax obligations. He was also granted 43,455 shares of restricted stock under the 2020 Omnibus Equity and Incentive Plan, which vest in four equal annual installments starting around February 28, 2027. After these transactions, he directly owns 345,998 common shares, including 183,089 unvested restricted shares.
Broadstone Net Lease, Inc. CEO John David Moragne reported routine equity-compensation related transactions in company common stock. On the tax side, 24,681 shares were disposed of at $19.39 per share, withheld by the company to cover his tax obligations tied to prior equity vesting.
On the award side, he acquired 78,632 shares of restricted stock at $0.00 per share under the 2020 Omnibus Equity and Incentive Plan. These restricted shares vest in four equal installments on or about each anniversary of February 28, 2026. After these transactions, he directly owns 503,742 shares, including 337,517 unvested restricted shares, held jointly with his spouse with shared voting and investment power.
Broadstone Net Lease, Inc. announced two additional build-to-suit development projects with an aggregate estimated total project investment of approximately $62.1 million, expanding its development pipeline in industrial and retail properties.
The projects include a new sub-same-day industrial warehouse and distribution center for Amazon.com Services, LLC in Sarasota, FL, and a retail development for Academy Sports in Magnolia, TX, both supported by existing and new tenant/developer relationships. A detailed table shows in-process and stabilized developments with total estimated project investment of $667,756, weighted average lease terms of 13.9 years, and estimated straight-line yields of 8.7%, underscoring BNL’s long-term, net lease strategy.
Broadstone Net Lease, Inc. reports on a primarily industrial-focused net lease portfolio of 771 single-tenant commercial properties as of December 31, 2025, generating annualized base rent of $428.8 million and spanning approximately 41.6 million square feet in 44 U.S. states and four Canadian provinces.
The portfolio was 99.8% leased with a weighted average remaining lease term of 9.6 years and 97.6% of leases featuring contractual rent escalations averaging 2.1% annually. Broadstone collected 99.8% of base rents, generated net income of $99.4 million ($0.50 per diluted share), and produced AFFO of $296.3 million ($1.49 per diluted share), a 4.2% increase versus 2024.
During 2025, the company invested $748.4 million in acquisitions, build-to-suit developments, transitional capital, and revenue-generating capital expenditures, extended its $1.0 billion revolving credit facility to 2029, added a $500.0 million unsecured term loan, and issued $350.0 million of 5.000% senior unsecured notes due 2032, ending the year with $2.5 billion of total debt and a 6.0x Net Debt to Annualized Adjusted EBITDAre leverage ratio.
Broadstone Net Lease, Inc. reported 2025 results showing net income of $99.4 million, or $0.50 per diluted share, a 41.9% decrease mainly from lower gains on property sales and higher interest expense. Adjusted funds from operations (AFFO) rose to $296.3 million, or $1.49 per diluted share, up 4.2%.
The REIT invested $748.4 million during 2025, including $429.9 million of acquisitions and $209.3 million of build-to-suit developments, while selling 28 properties for $96.1 million. Its 771-property portfolio was 99.8% leased, with 99.8% of base rent collected.
Broadstone ended the year with Net Debt of $2.5 billion and a Net Debt to Annualized Adjusted EBITDAre ratio of 6.0x, or 5.8x on a pro forma basis. The quarterly dividend was increased to $0.2925 per share, and 2026 AFFO guidance was reaffirmed at $1.53 to $1.57 per diluted share.
Broadstone Net Lease, Inc. reported that it plans to release its financial and operating results for the quarter and year ended December 31, 2025 after the market closes on February 18, 2026. The company also announced it will host an earnings conference call and audio webcast on February 19, 2026 at 11:00 a.m. Eastern Time to discuss these results. The related press release is provided as an exhibit, but the detailed financial figures will only become available when the results are released.
Broadstone Net Lease, Inc. announced that it has posted its December 2025 investor presentation on its website. Company management may use this updated deck in upcoming meetings with investors to explain Broadstone’s business, portfolio and strategy. The presentation is included as Exhibit 99.1 to this report and is furnished under Regulation FD, meaning it is provided for information purposes and is not treated as formally filed under securities laws.
Broadstone Net Lease, Inc. furnished an update on recent business activity through a press release dated December 1, 2025. The company submitted this current report on Form 8-K to make investors aware of that update and to attach the press release as an exhibit.
The company specified that the press release and related information are being furnished under Regulation FD rather than filed, which limits their exposure to certain securities law liabilities. No additional financial results or transaction details are described in the text of this report itself.
Broadstone Net Lease, Inc. filed a Form 8-K to share a Regulation FD disclosure about its development activity. On November 4, 2025, the company issued a press release providing updates on its build-to-suit pipeline and related development projects, and furnished that release as Exhibit 99.1. The disclosure is designated as “furnished,” meaning it is not treated as filed for liability purposes under Section 18 of the Exchange Act or automatically incorporated into other securities filings unless specifically referenced.
Broadstone Net Lease (BNL) reported Q3 2025 results. Lease revenues, net were $114.2 million, up from $108.4 million a year ago. Net income attributable to BNL was $26.5 million and earnings per share were $0.14. Operating expenses rose to $63.4 million, including $7.0 million of impairment charges on seven properties.
For the nine months, lease revenues, net reached $335.8 million and net income attributable to BNL was $63.4 million. The company owned 759 properties at September 30, 2025. Year-to-date acquisitions totaled $319.0 million across 18 properties, while 23 dispositions generated $59.7 million of proceeds and a $4.2 million gain. Subsequent acquisitions added $100.2 million across two industrial assets.
BNL strengthened liquidity and extended maturities: it issued $350.0 million of 5.00% senior unsecured notes due 2032 and amended its revolving credit facility to mature March 31, 2029, adding a $500.0 million term loan due 2028. Cash from operating activities for the nine months was $214.9 million. Quarterly distributions of $0.290 per share and OP Unit were declared during 2025.