Broadstone Net Lease reported third-quarter 2026 net income of $28.1 million, or $0.14 per diluted share, consistent with the prior year period. Adjusted funds from operations (AFFO) reached $77.8 million, or $0.39 per diluted share, reflecting a 5.4% increase year-over-year driven by strong contractual rent increases and leasing activity. The company invested $236.6 million in real estate activities, including new acquisitions and build-to-suit developments, while stabilizing six projects totaling $95.3 million. Additionally, Broadstone declared an increase in its quarterly dividend from $0.2925 to $0.295 per share. The company operates as a diversified net lease REIT investing primarily in single-tenant commercial real estate properties.
