Boca Raton, FL, May 29, 2014. The passing of new provisions in the SEC’s Jobs Act now allows companies which were formerly required to be tight-lipped about their businesses’ operations to speak more freely about their operations. America’s first company to actually take advantage of the new legislation is Broadstone Real Estate, LLC, a full-service real estate company, which manages two private real estate investment options for accredited investors.
Broadstone’s feature story will air on Fox Business Network (as pd. prog) on Saturday May 31, 2014 at 4:30pm EST.
Amy Tait, President and CEO of Broadstone Real Estate, shares her industry insight and expertise in this 21st Century Television interview. Tait also explains the company’s journey to becoming an industry leader. Since the company’s inception in 2006, Broadstone has launched two private real estate investment offerings that provide sound alternatives for sophisticated, accredited investors. Broadstone manages commercial and residential properties across 31 states. The company’s lines of real estate management include:
• Broadstone Net Lease, Inc. – a private Real Estate Investment Trust (REIT) that invests in freestanding, single-tenant, absolute net-leased properties located throughout the United States. It currently owns 209 medical, industrial and retail properties in 31 states.
• Broadtree Homes, Inc. – a private real estate offering that invests in single-family homes for rental in multiple markets, including Monroe County, New York, Palm Beach County, Florida, and the Minneapolis area.
Broadstone Net Lease is a private REIT that focuses on delivering investors current income with the potential for capital appreciation by investing in freestanding, single-tenant, net leased properties. A triple-net lease is, by its very nature, risk-adjusted for the sponsor, as the tenant is responsible for all maintenance, taxes and insurance at the property level. These tenants also sign very long term leases (average remaining lease term is approximately 15 years, portfolio-wide) with contractual rent increases. Broadstone Net Lease has provided investors an average total annual return of approximately 12.2% since 12/31/2007 inception, and the REIT delivered a total return of approximately 17.9% in 2013.
On the heels of Broadstone Net Lease’s success, the company has also launched a second offering, Broadtree Homes, which focuses on the underserved, emerging Single Family Rental space. Today, more than 14 million Americans live in single family rental homes, and less than 2% of these homes are owned by institutional investors. Broadtree intends to serve as a catalyst in the consolidation of these single family rental homes, and has acquired homes across 3 markets, with homes in additional markets currently under contract. By acquiring homes that have already been renovated and leased, Broadtree Homes provides investors a way to reduce risk and invest in the “stabilized” phase of single family rentals.
Broadstone Real Estate is an innovative company that is also a Certified Women’s Business Enterprise (WBE).
Vice President of Programming JL Haber says, “Our mission at 21st Century Television is to offer viewers exceptional business programming by featuring industry leaders with innovative industry-related solutions. Broadstone certainly fits that criteria in the real estate investment and management space.”
Viewers will not want to miss the interview with Broadstone Real Estate, LLC. Tune in to the Fox Business Network (as pd. prog.) on Saturday May 31, 2014 at 4:30pm EST.
About 21st Century Television
21st Century Television is an award winning business and health program that is independently produced by MMP (USA), Inc. The show provides its viewers an in depth opportunity to find solutions to the industry problems from some of the top business leaders from across the world. With more than 5,000 companies participating on over 500 shows, 21st Century Television continues to be the premier and targeted outlet for the latest business and health stories. 21st Century Television airs on cable networks to over 100 million potential television households.
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