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Broadstone Net Lease: An Insulated Portfolio Protected From Rates And Turmoil
BNLBroadstone(BNL) Seeking Alpha·2024-02-06 05:41
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 ...