secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2023-01-11T23:59:59+00:00
Accession:  0000950170-23-000668
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadstone Net Lease appoints John Moragne as CEO; Q4 investments $310M, 99.9% rent collection
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- President & CEO Chris Czarnecki resigns effective Feb 28, 2023; John Moragne (COO) named CEO.
- Ryan Albano promoted to President & COO; Kevin Fennell promoted to EVP & CFO, effective Feb 28.
- Q4 2022 investments of $310.3M in 18 properties at 6.7% cap rate; full-year investments $907.2M.
- Portfolio 99.4% leased; collected 99.9% of Q4 base rents; 3 of 804 properties vacant.
- Settled 13M share forward equity for net proceeds of $273.2M; used to repay credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000095017023000668/0000950170-23-000668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000095017023000668/bnl-20230106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000668

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer