Broadstone Real Estate Co-Founder Norman Leenhouts Dies at Age 81

Broadstone Real Estate, LLC on Jan. 9 announced the death of co-founder and senior advisor Norman Leenhouts. Leenhouts, who died at his home on Jan. 7, was 81.

In 2006, Leenhouts co-founded Broadstone Real Estate with his daughter, Amy Tait, and her husband, Bob Tait. He served as chief investment officer of Broadstone Real Estate and as an officer and director of the firm’s two private REITs, Broadstone Net Lease and Broadtree Residential, from their inception until 2015. After that, he was a senior advisor to Broadstone Real Estate.

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Broadstone CEO Says Rising Rates Causing Little Concern

Amy Tait, chairman and CEO of private REIT Broadstone Real Estate, joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Tait described overall investor interest in private REITs as “terrific.” She said Broadstone is raising equity every month on a regular basis at levels that are on par with the best the company has ever seen.

“I don’t expect that to change,” she commented.

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Broadstone CEO Sees Best Buying Opportunities in Single-Family Homes in Years

Amy Tait, president and CEO of Broadstone Real Estate, LLC, joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Broadstone Real Estate sponsors Broadstone Net Lease, Inc., a private REIT that invests in single-tenant, net-leased properties throughout the United States, and Broadtree Homes, Inc.,  a private REIT that invests in single-family homes for rental in multiple markets.

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