8-K filing — Broadstone Net Lease, Inc. (BNL)
Filed: 2026-10-05 AccNo: 0001424182-26-000075 Size: 176 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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For the past several years, commercial real estate has been treated like the financial equivalent of a condemned building. Office towers were empty. Interest rates were rising. Property values were falling. Regional
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Filed: 2026-10-05 AccNo: 0001424182-26-000075 Size: 176 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Truist Securities analyst Linda Tsai upgrades Broadstone Net Lease (NYSE:BNL) from Hold to Buy and lowers the price target from $22 to $21.
VICI Properties trades at a discount (9.06X forward P/E vs. 14.91X industry average) with strong fundamentals including 100% occupancy, long-term leases with CPI protection, and strategic portfolio expansion. However, heavy dependence on Caesars (38%) and MGM (32%) for 70% of rental income poses concentration risk. The stock's recent 10.4% decline appears excessive given solid fundamentals, making it attractive for long-term investors.
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