Broadstone Net Lease, Inc. (“BNL”) is an internally-managed real estate investment trust (“REIT”) that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We utilize an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. BNL’s diversified portfolio of net leased real estate includes industrial, healthcare, restaurant, office, and retail property types. To learn more about BNL visit .
Named a Top Workplace among Rochester-area small companies, Broadstone works to foster a culture that is dynamic, collaborative, collegial, and based on trust. We are committed to creating a work environment that is diverse and inclusive where people with unique talents can flourish, their opinions are valued, and their contributions are rewarded.
The Analyst Internship Program is designed to offer participants an in-depth learning experience, the ability to gain exposure to multiple functions within the organization, and the opportunity to develop meaningful connections with executive leadership, senior management, and seasoned professionals.
Analyst Interns will have the opportunity to rotate through up to (3) of the following functional areas:
- Accounting focuses on the collection and recording of financial information and transactions, internal and external reporting, and acts as the financial steward for tax and regulatory purposes. The team is comprised of general accounting, technical accounting, SEC reporting, treasury, tax, and internal audit.
- Acquisitions is responsible for the origination, negotiation, and documentation of new property acquisitions. Responsibilities include assisting with the initial underwriting involving financial analysis/modeling, assessing site-level property performance, the review of lease documents and engineering and environmental reports. The team also collects market data as it relates to new property sites and develops and manages new brokerage/developer/private equity relationships for BNL.
- Asset Management focuses on portfolio oversight and a wide array of real estate matters. Responsibilities include acquisition underwriting, dispositions, leasing, industry research, portfolio review, and modeling/tracking of tenants.
- Corporate Finance & Investor Relations is responsible for understanding and communicating the key drivers of performance and how they translate into operating results and correspondingly create shareholder value. The team is tasked with providing senior management and the Board of Directors the appropriate information and analysis to better inform near and long-term strategic decision making. In addition, the Corporate Finance team assists in building organizational awareness of corporate strategy and each department’s role in achieving it. The Investor Relations team is responsible for explaining BNL’s historical performance, vision, and strategy to all external stakeholders in a clear and consistent fashion.
- Credit Risk focuses on underwriting existing and prospective tenants, conducting in-depth financial analysis, and creating concise reports and presentations as part of routine investment and portfolio review committees. Additionally, the team monitors individual tenant and overall portfolio credit trends, including risk scoring and site level performance.
- Business Services supports BNL’s employees across four service areas: Information Systems and Solutions, Marketing and Communications, Operations, and Office Management & Services. The department is focused on continuously improving efficiency and effectiveness across all service areas to ensure employees have the tools and resources needed for productivity and overall Company performance. The largest part of the department, Information Systems & Solutions, addresses BNL’s hardware, software, data, infrastructure, security, project management and general IT needs via an optimized mix of internal and third-party resources.
- Property Management is primarily responsible for tenant relations and individual asset protection starting prior to the purchase and continuing through to disposition of the property. During the acquisition process, the PM team completes due diligence review of leases and all property related reports and contributes to projecting costs and level of management of each asset. Throughout BNL’s ownership of the property, PM team members serve as the primary contact for tenants with a strong focus on long-term relationship building. As such, the Property Management team manages all issues affecting the lease and all issues affecting the physical property.
At the conclusion of the summer program, Analyst Interns will present a capstone project to various members of our executive leadership team. The program also includes mentorship opportunities along with social and community service activities.
Analyst Interns may be considered for full-time employment upon successful completion of the 10-week summer program.
- Progress towards an Associates, Bachelors, or Masters degree; current undergraduate juniors preferred
- Understanding of basic finance concepts required
- Enthusiasm for the commercial real estate industry
- Strong proficiency in Microsoft Office, including Excel, PowerPoint, and Word
- Solid work ethic and a professional, proactive, and positive approach to work
- Candidates must be eligible to work in the U.S. without Broadstone Net Lease sponsorship
Environment and Physical Demands:
- Professional office environment with routine use of standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machine; noise level typical of a standard office environment
- Prolonged sitting, computer and telephone use, as well as standing, filing, stooping, bending, reaching and lifting, and carrying up to 15 pounds
The above description is not intended to define, in detail, the multitude of tasks that may be assigned, but rather to provide a general sense of the responsibilities and expectations of the position. As the nature of business demands change, so too may the functions of this position.