Net Lease REITs: It Takes All Kinds

Tait: ““We’re raising about $20 million of equity a month, and UPREIT transactions are accelerating.”

NEW YORK CITY—As REITs go—when it comes to the net lease sector—they come in all shapes and sizes. Several of those will be showcased Wed., April 11th, at RealShare Net Lease, and executives with some organizations taking part in the event spoke EXCLUSIVELY to GlobeSt.com about how they work and the state of the market.

“We’re a private REIT that started in 2007 as a vehicle for our family to invest in but we loved the structure,” says Amy Tait, chairman & CEO, Broadstone Real Estate. “Our goal was to get 100 shareholders in order to qualify as a REIT and we now have about 1600 investors, with about $1 billion of equity collectively.”