BSR Real Estate Investment Trust
BSR Acquires Two Houston Apartment Complexes for $141M
The transaction is part of the company's effort to reshape its portfolio in its core Texas market. read more >
Arvest Bank, Conway Corp. & NARMC Announce Leadership Changes (Movers & Shakers)
Cassie Swafford was promoted to HR administrator at First Service Bank, while various professionals in banking, healthcare, education, and other sectors have taken on new roles across Arkansas. read more >
BSR Sells Oklahoma City Apartment Complex for $28.3M
The Little Rock-based real estate investment trust said proceeds from the sale will initially be used to pay down the company's revolving line of credit. read more >
BSR Positions Itself for Growth — or a Sale — Through $619M Deal With AvalonBay
The deal includes a change in shareholder power that BSR believes will make it more attractive to investment partners or prospective buyers. read more >
by Scott Carroll -
BSR Acquires Texas Apartment Complex for $61M
The 277-unit multifamily project is in the Dallas-Forth Worth submarket of McKinney. read more >
BSR’s Operating Income Dips 1.9% in Q3
The company attributed the decrease in part to initial operating expenses for a property under development. read more >
BSR’s Q2 Operating Income Rises 4.6%
Operating expenses fell in the quarter on lower professional fees and lower real estate tax assessments on the company's multifamily properties in Texas. read more >
BSR Operating Income Rises 4.4% in Q1
Concerns have been raised about an influx of new apartments in the REIT's key markets, but the company said it's weathering the storm. read more >
BSR Reports Falling Q4 Operating Income, Leadership Changes
The Little Rock-based real estate investment trust's initial guidance for 2024 predicts slower growth. read more >
Cooling Real Estate Market Hits BSR Profit for Q4, Full Year
Investment properties gained value at a slower rate than the previous year, but other measures of performance were strong. read more >
BSR REIT’s Dan Oberste Calls Multifamily Investment Market ‘Dynamic’
This environment will create opportunity for the disciplined, enterprising investor and will humble the speculator, he says. read more >
BSR Reports Net Operating Income and Revenue Up in Q1
Dan Oberste, president & CEO of the real estate company, said results reflected strong rent growth. read more >
With Eye on Growth, BSR Announces $100M Bought Deal Offering
The company says the deal will help it pay down debt and fund acquisitions. read more >
Arkansas Dealmaking Down 17% in ’21
The number of the biggest deals in Arkansas worth $10 million or more rose to 95, an increase of 12% compared with the 85 big deals in 2020. read more >
by Jan Cottingham -
BSR Real Estate’s Net Operating Income Rises in Q4, Full Year
The figure for the fourth quarter was $18.7 million, up nearly 24% from a year ago. read more >
Dan Oberste Succeeds John Bailey at BSR
Oberste's promotion to CEO took effect Jan. 1, shortly after a major acquisition in the company's core market. read more >
BSR Real Estate Sells Texas Apartments for Almost $148M
The company intends to reinvest most proceeds in its properties in the Austin, Dallas and Houston markets. read more >
BSR Real Estate Reports Q3 Net Operating Income of $16.5M
It's up 8.3% compared to the same quarter last year. read more >
BSR REIT Buys Texas Apartments for Almost $83M
BSR Real Estate Investment Trust has acquired Hangar 19, a 351-unit apartment complex in Fort Worth for $82.75 million. read more >
Q1 Income Down 9%, But BSR REIT Expects Growth This Year
BSR Real Estate Investment Trust of Little Rock reports first-quarter total portfolio net operating income of $13.4 million and total portfolio revenue of $25.8 million. read more >