A Small and Thriving REIT

www.reit.com While many companies have struggled to find stability in the current recession, Amy Tait is able to talk about thriving in the last few years. As CEO of Broadstone Net Lease (NYSE: BNL), a private REIT, Tait shares with REIT.com's Matt Bechard some of the secrets of Broadstone's success. "We tend to focus on smaller deals that the big companies ignore," Tait says. "There's not a lot of competition looking at deals in the $5 to $10 million range." Working mainly with small, individual investors and focusing on recession resistant properties like medical office space, Tait explains that even with Broadstone's current success, their biggest challenge as a private REIT is to bulk up and add institutional investors.