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Broadstone Net Lease: Higher For Longer Interest Rates Keeping The Stock Undervalued
BNLBroadstone(BNL) Seeking Alpha·2024-06-03 17:54

EyeMark As interest rates remain higher for longer, there is one industry that has continued to be punished, and that is the real estate industry. In fact, we may not see rates come down for another 3-6 months, which may mean REIT stock prices could remain low. However, despite the macroeconomic impacts and many fears in the REIT space from an office-space perspective, Broadstone Net Lease (NYSE:BNL) shines bright, reducing those fears - due to their specific real estate concentration, balance sheet composi ...