Broadstone Net Lease, Inc. (BNL) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

hello and welcome to broadstone net leases first quarter 2026 earnings conference call my name is emily and i'll be your operator today please note that today's call is being recorded i will now turn the call over to brent madel director of corporate finance and investor relations at broadstone please go ahead thank you everyone for joining us today for broadstone net lease's first quarter 2026 earnings call on today's call You will hear prepared remarks from Chief Executive Officer John Marana, President and Chief Operating Officer Brian Albano, and Chief Financial Officer Kevin Funnell. All three will be available for the Q&A portion of this call. As a reminder, the following discussion and answers to your questions contain forward-looking statements that are subject to risk and uncertainties that can cause actual results to differ materially due to a variety of factors. We caution you not to place under-reliance on these forward-looking statements. For a more detailed discussion of risk factors that may cause such differences, please refer to our SEC filings, including our Form 10-K for the year ended December 31st, 2025. And note that such risk factors may be updated in our quarterly SEC filings. Any forward-looking statements provided during this conference call are only made as of the date of this call. With that, I'll turn the call over to John. Thank you, Brent. Good morning, everyone. After a strong finish to 2025, we carried that momentum into the first quarter of 2026, delivering 5.6% AFFO growth year-over-year, continuing to execute on our investment strategy and driving strong operational outcomes across our in-place portfolio. We advanced our committed Build the Suite platform through both existing and new relationships, adding over $90 million in new d...