Latest news with #BSRRealEstateInvestmentTrust


Cision Canada
2 days ago
- Business
- Cision Canada
BSR REIT Provides Second Quarter 2025 Operational Update
LITTLE ROCK, Ark. and TORONTO, June 3, 2025 /CNW/ - BSR Real Estate Investment Trust ("BSR" and "the REIT") (TSX: HOM.U) (TSX: has provided a leasing update in advance of its participation in Nareit's REITweek 2025 Investor Conference. BSR has also published an updated investor presentation to its website. As of May 31, 2025, BSR's Same Community (defined below) weighted average occupancy was 95.7%. Excluding short term leases, during Q2 2025 to-date, Same Community rental rates for new leases and renewals decreased 4.5% and increased 1.7%, respectively, for a blended decrease of 0.9%. Excluding short term leases, for May 2025 Same Community rental rates for new leases and renewals decreased 3.7% and increased 2.1%, respectively, for a blended decrease of 0.3%. This performance is consistent with the REIT's stated view that the unprecedented levels of new supply are being effectively absorbed, which will lead to continued improvement in leasing spreads. The following table highlights key information about the properties as of May 31, 2025, organized by MSA for Same Community, which excludes recent property acquisitions and dispositions as well as any non-stabilized properties. The rental growth rates shown for April and May 2025 are calculated as the average percentage change over the prior lease for new or renewed leases during the period, excluding short term leases. "Same Community" results are used by management to evaluate performances of investment properties owned by the REIT during comparative periods. Same Community results herein exclude the impact of Venue Craig Ranch, Forayna Vintage Park and Botanic Luxury which were acquired in 2025 and further exclude Aura 35Fifty which completed development in December 2024 and remains non-stabilized during the current period due to lease-up. Same Community results also exclude the impact of Bluff Creek, Cielo I, Cielo II, Retreat at Wolf Ranch, Auberry at Twin Creeks, Satori Frisco, Vale Frisco, Aura Benbrook, Lakeway Castle Hills and Wimberly which were disposed in 2025. About BSR Real Estate Investment Trust BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the REIT's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions including, without limitation, that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "Risk Factors" in the REIT's Q1 2025 Management's Discussion & Analysis dated May 7, 2025 which is available at There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. SOURCE BSR Real Estate Investment Trust


Cision Canada
15-05-2025
- Business
- Cision Canada
BSR REIT Announces May 2025 Cash Distribution
LITTLE ROCK, Ark. and TORONTO, May 15, 2025 /CNW/ - BSR Real Estate Investment Trust (the "REIT") (TSX: HOM.U) (TSX: today announced a cash distribution of US$0.0467 per REIT unit for the month of May 2025, representing US$0.56 per REIT unit on an annualized basis. Payment will be made on June 16, 2025 to unitholders of record as at May 31, 2025. About BSR Real Estate Investment Trust BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the REIT's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions including, without limitation, that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "Risk Factors" in the REIT's Q1 2025 Management's Discussion & Analysis dated May 7, 2025 which is available at There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.


Cision Canada
15-05-2025
- Business
- Cision Canada
BSR REIT ANNOUNCES puchase of two Houston COMMUNITIEs for $141 million
LITTLE ROCK, Ark. and TORONTO, May 15, 2025 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: announced today that it has purchased two recently constructed communities, Forayna Vintage Park and Botanic Luxury, each located in the Houston, Texas MSA for $141 million. "We have wasted no time finding two high-quality assets that complement our portfolio, enhance the REIT's growth profile, and allow us to accretively redeploy a portion of the proceeds from our recent sale of nine stabilized properties," stated Dan Oberste, BSR's Chief Executive Officer. "Forayna Vintage Park and Botanic Luxury are both well positioned to benefit from the BSR operating platform and drive growth for our unitholders. By adding these communities, we have quickly executed on a significant portion of the strategy we presented to the market in the first quarter of the year." Forayna Vintage Park Apartments ("Forayna"), constructed in 2023, comprises 350 apartment units, including one, two, and three-bedroom suites. Amenities include a saltwater pool with sun shelves, cabanas, grilling stations, movie theater, two-story fitness center, cyber lounge, golf simulator and pet spa. Located in the Vintage Park development of Northwest Houston, Forayna is located next to dining, shopping, entertainment, and outdoor recreational options, with quick and convenient access to the Grand Parkway. Botanic Luxury Apartments ("Botanic") is located in Spring, Texas and also completed construction in 2023. Botanic comprises 288 apartment units including one, two, and three-bedroom suites. Amenities include a salt-water pool with sun shelf, cabana porch, grilling stations, modern clubhouse, game areas, two-story fitness center, yoga room, cyber lounge, conference room, movie theater and pet spa. Botanic is well situated near several schools and employers, including Spring ISD, Lone Star College, ExxonMobil Headquarters, Hewlett Packard Enterprise, and Amazon, with quick access to Grand Parkway, and North Freeway/I-45. With the closing of Forayna Vintage Park and Botanic Luxury, BSR now owns 25 properties consisting of 6,802 apartment units. About BSR Real Estate Investment Trust BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the REIT's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions including, without limitation, that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "Risk Factors" in the REIT's Q1 2025 Management's Discussion & Analysis dated May 7, 2025 which is available at There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.


Globe and Mail
01-04-2025
- Business
- Globe and Mail
BSR REIT Completes Sale of Austin Portfolio to Avalonbay Communities for $187 Million
LITTLE ROCK, Ark. and TORONTO , March 31, 2025 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: announced today that it has completed the sale of three properties located in Austin, TX to AvalonBay Communities, Inc. ("AVB") (NYSE: AVB) for cash proceeds of $187 million (the "Transaction"). The properties included in the Transaction are Cielo I (326 apartment units), Cielo II (228 apartment units), and Retreat at Wolf Ranch (303 apartment units). The Transaction completes the "Direct Asset Sale Transaction" portion of the previously announced two-part $618.5 million strategic disposition to AvalonBay. In connection with the Transaction, BSR retained $109 million of secured Fannie Mae mortgage indebtedness with an attractive interest rate of approximately 2.7%. Proceeds from the Transaction will be used for repayment of certain indebtedness, transaction expenses and for general corporate purposes, including redeployment into potential higher growth acquisition targets in BSR's core investment markets. The previously announced $431.5 million "Contribution Transaction", which is the second portion of the strategic disposition to AvalonBay and comprises the sale of six properties located in Dallas, TX , remains subject to customary closing conditions and is expected to close in the second quarter of 2025. About BSR Real Estate Investment Trust BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario . The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States . Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the REIT's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions including, without limitation, that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "Risk Factors" in the REIT's 2024 Management's Discussion & Analysis dated March 5, 2025 which is available at There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Yahoo
14-03-2025
- Business
- Yahoo
Undervalued Small Caps With Insider Buying In Global For March 2025
In March 2025, global markets are navigating a complex landscape marked by tariff uncertainties, inflationary pressures, and fluctuating growth prospects. This environment has led to significant declines in major U.S. indices such as the S&P MidCap 400 and Russell 2000, highlighting the challenges faced by small-cap stocks amid broader market volatility. In such times, identifying promising small-cap opportunities often involves looking for companies with strong fundamentals that can weather economic shifts and benefit from strategic insider buying signals. Name PE PS Discount to Fair Value Value Rating Nexus Industrial REIT 5.4x 2.8x 24.53% ★★★★★★ Speedy Hire NA 0.2x 27.56% ★★★★★☆ Robert Walters NA 0.2x 48.38% ★★★★★☆ Chorus Aviation NA 0.4x 7.21% ★★★★★☆ Hong Leong Asia 9.1x 0.2x 45.59% ★★★★☆☆ Gamma Communications 21.7x 2.2x 37.89% ★★★★☆☆ Franchise Brands 39.1x 2.0x 25.63% ★★★★☆☆ Sing Investments & Finance 7.3x 3.7x 35.99% ★★★★☆☆ Optima Health NA 1.5x 45.21% ★★★★☆☆ Saturn Oil & Gas 1.8x 0.5x -64.13% ★★★☆☆☆ Click here to see the full list of 144 stocks from our Undervalued Global Small Caps With Insider Buying screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★☆☆ Overview: Canfor is a leading integrated forest products company that produces and sells lumber, pulp, and paper products with a market capitalization of approximately CA$2.91 billion. Operations: The company's revenue primarily stems from its lumber and pulp & paper segments, with lumber generating CA$4.58 billion and pulp & paper contributing CA$798.60 million. The gross profit margin has experienced fluctuations, reaching a high of 47.75% in June 2021 before declining to 18.02% by December 2023. PE: -2.7x Canfor, a smaller player in the market, recently reported fourth-quarter sales of C$1.29 billion, slightly up from last year. Despite a net loss of C$63.3 million for the quarter, this was an improvement from the previous year's loss of C$117.1 million. Insider confidence is evident with recent share purchases by executives earlier this year, suggesting optimism about future growth prospects as earnings are forecasted to grow 75% annually despite current challenges with external borrowing dependency. Click here and access our complete valuation analysis report to understand the dynamics of Canfor. Examine Canfor's past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★☆☆☆ Overview: BSR Real Estate Investment Trust is a company focused on the ownership and management of residential properties, with a market cap of $1.08 billion. Operations: BSR Real Estate Investment Trust generates revenue primarily from its residential real estate holdings, with a recent gross profit margin of 54.51%. Over time, the company's net income has fluctuated significantly due to varying non-operating expenses, impacting its net profit margins. PE: -10.1x BSR Real Estate Investment Trust, a smaller player in the real estate sector, has recently shown signs of potential value. Their net loss shrank significantly to US$40.24 million from US$210.87 million the previous year, indicating improved financial health. The acquisition of a Class A multifamily community for US$61 million highlights strategic growth moves in vibrant markets like Dallas/Fort Worth. Insider confidence is evident as they continue to support their positions, suggesting optimism about future prospects despite reliance on external borrowing for funding. Delve into the full analysis valuation report here for a deeper understanding of BSR Real Estate Investment Trust. Understand BSR Real Estate Investment Trust's track record by examining our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Winpak is a company specializing in the manufacturing of flexible packaging, rigid packaging and flexible lidding, and packaging machinery, with a market cap of approximately C$2.5 billion. Operations: Winpak generates revenue primarily through its Flexible Packaging and Rigid Packaging & Flexible Lidding segments, with a smaller contribution from Packaging Machinery. The company's gross profit margin has shown an upward trend, reaching 31.98% in the latest period. Operating expenses have consistently included significant allocations to sales & marketing and research & development efforts. PE: 11.2x Winpak, a smaller company in its sector, reported a slight increase in quarterly net income to US$36.62 million and annual earnings per share rising to US$2.35. Despite an impairment loss of US$1 million on goodwill, the company shows potential with projected sales volume growth between 5% and 7% for 2025. Insider confidence is evident as they have repurchased shares worth CAD 148.17 million since February 2024, suggesting belief in future performance despite reliance on higher-risk external borrowing for funding. Unlock comprehensive insights into our analysis of Winpak stock in this valuation report. Gain insights into Winpak's historical performance by reviewing our past performance report. Embark on your investment journey to our 144 Undervalued Global Small Caps With Insider Buying selection here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:CFP TSX: and TSX:WPK. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@