Broadstone Net Lease is an Industrial-focused Real Estate Investment Trust with 759 net leased properties. Their business collected 99% of base rents in the first quarter, cooling concerns in the commercial real estate industry. Furthermore, 99.2% of rentable square footage is in a lease, with only 3 of 759 properties vacant.
BNL has great business metrics and a safe financing structure. The market has underestimated BNL's value proposition. BNL has a clear path to double-digit total returns.
Key metrics show that Broadstone Net Lease's portfolio is resilient. The REIT's robust industrial property performance is surprising, given the volatile economic environment.
The "Sell in May and Go Away" trading pattern is unlikely to happen this month as the Dow surpasses 40,000 and the S&P 500 reaches all-time highs. As such, I believe the following 2 picks are good candidates for those seeking to 'Buy In May' and go away for a few months, perhaps on vacation. Both offer high yields that are well-supported by earnings, have strong balance sheets, and have the potential for capital appreciation.
The Easy Way To Retire Early You can retire early from the lottery, luck, or loving family member who leaves you a fortune.