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Broadstone Net Lease, Inc. Q4 2025 Earnings Call Summary
Yahoo Finance· 2026-02-19 13:30
Achieved 4.2% AFFO per share growth in 2025 by executing a 'three-pillar' strategy: solid in-place performance, a laddered build-to-suit pipeline, and relationship-based acquisitions. Successfully navigated high-profile tenant bankruptcies, such as American Signature, with zero bad debt impact by securing lease assumptions from stronger operators like Gardner White. Shifted investment weighting toward build-to-suit developments, which offer higher straight-line yields (8.4% to 8.6%) and superior contr ...