Name | Value |
---|---|
Revenues | 112.1M |
Cost of Revenue | 6.4M |
Gross Profit | 105.7M |
Operating Expense | 54.9M |
Operating I/L | 50.1M |
Other Income/Expense | -13.2M |
Interest Income | 0.0M |
Pretax | 36.9M |
Income Tax Expense | 0.1M |
Net Income/Loss | 34.7M |
BNL is an internally-managed REIT that focuses on acquiring, owning, and managing single-tenant commercial real estate properties. These properties are net leased on a long-term basis to a diverse group of tenants. The company's investment strategy is based on strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's portfolio comprised 627 properties in 41 U.S. states and one property in Canada, spanning industrial, healthcare, restaurant, office, and retail property types, with a total gross asset value of approximately $4.0 billion.