Broadstone Net Lease is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing a diversified portfolio of single-tenant, net-leased commercial properties. Their properties are leased to high-quality tenants across various industries, including retail, healthcare, industrial, and office sectors. Broadstone Net Lease aims to provide stable and predictable income to its shareholders through long-term lease agreements with creditworthy tenants.

The stock of Broadstone Net Lease, ticker symbol BNL, is currently in a sideways trend. A sideways trend, also known as a consolidation phase, occurs when the stock price moves within a relatively narrow range without showing a clear upward or downward direction. This indicates a period of indecision in the market, with buyers and sellers in balance. 

Investors should closely monitor the price action for any signs of a breakout or a shift in the trend, as it could provide potential trading opportunities.