Chief Executive Officer and Director, Broadstone Net Lease, Inc.
Search every verified John Moragne interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. John Moragne, CEO of Broadstone Net Lease, discussed the company’s 2025 goals and strategy during an interview at Nareit’s REITweek: 2025 Investor Conference in June. He stated that the REIT is on track to meet its midpoint guidance of 3% growth in adjusted funds from operations (AFFO) per share, adding that the company hopes to exceed that target. Moragne also highlighted a goal of $500 million in new build-to-suit commitments for the year, noting that $310 million had been secured as of the interview, with plans to add approximately $400 million more by year-end. Moragne described the company’s recent portfolio repositioning, including the sale of clinical healthcare assets in the prior year, which he said allowed Broadstone to focus on core growth areas such as in-place portfolio growth, revenue-generating capital expenditures with existing tenants, and development build-to-suit projects. He characterized the build-to-suit pipeline as having a weighted average initial yield of about 7.5%, straight-line yields near 9%, and a weighted average lease term of roughly 13 years, which he said offers a better investment profile compared to regular way deals. Looking ahead, Moragne expressed a goal of delivering consistent single-digit AFFO per share growth in 2026 and beyond.
John Moragne, CEO of Broadstone Net Lease, Inc. (NYSE: BNL), sat down for a video interview during Nareit’s REITweek: 2025 Investor Conference in New York City June 2-5. Moragne discussed key goals the REIT set for 2025, and progress to date. Those goals include a midpoint of 3% for AFFO per share, noting that “we’re on track for that. We’re hoping we can do better.”
John Moragne, CEO of Broadstone Net Lease, Inc. (NYSE: BNL), sat down for a video interview at Nareit’s REITweek: 2024 Investor Conference, held in New York from June 3-6. He discussed the macro trends influencing the real estate market and outlined Broadstone's strategic initiatives for the year. Moragne identified Federal Reserve policy and interest rate fluctuations as significant disruptors, noting that "transaction volumes are at historic lows." He emphasized the need for rate environment certainty to see a rebound in transaction activities. Read more: https://www.reit.com/news/video/br…
John Moragne, CEO of Broadstone Net Lease, Inc.(NYSE: BNL), participated in a video interview during Nareit’s REITworld: 2023 Annual Conference held Nov. 14-16 in Los Angeles. Moragne said that although 2023 was a difficult year for the net lease REIT space, he is proud that Broadstone focused on operational expertise, a flexible, fortified balance sheet, and having a solid portfolio performance. Read more: https://www.reit.com/news/video/broad...
John Moragne, CEO of Broadstone Net Lease, Inc. (NYSE: BNL), participated in a video interview at Nareit’s REITweek: 2023 Investor Conference, held in New York June 6-8. Moragne discussed Broadstone’s capital allocation strategy and his view on opportunities and challenges in today’s market, how Broadstone’s leasing levels position it for the rest of the year, and whether Broadstone has taken any notable steps to position itself defensively, given ongoing market uncertainty. Read more: https://www.reit.com/news/video/broad...
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