Dan Oberste
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 >
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’s New Texas Development Weighs on Q4 Results, but Operating Income Rises for Full Year
The company also announced the hiring of Tom Cirbus as CFO. He spent the past 11 years in the investment banking division of Wells Fargo. 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’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 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 >
BSR Operating Income Rises 11.7% in Q2
CEO Dan Oberste said the REIT is well positioned to capitalize on new growth opportunities. read more >
BSR Operating Income Rises 16% in Q1
Another key performance metric, adjusted funds from operations, rose nearly 19%. 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 Reports Leadership Changes, Higher Operating Income in Q3
Blake Brazeal, BSR's co-president and chief operating officer since 2004, is retiring at the end of the year. read more >
BSR’s Net Operating Income and Revenue Rise in Q2
Weighted average rent was up 17% compared to the same quarter a year ago. 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 >
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 >
Dan Oberste, BSR (40 Under 40)
Dan Oberste confesses that he was a little kid who loved to build things, complete with “mushy stories” of building sand castles. When the Little Rock native got to college, he realized he wanted to build companies, and real estate captured his imagination professionally. read more >
Bailey-Led BSR REIT Goes Public Via Toronto
BSR, an $870 million-asset real estate investment trust headquartered in Little Rock, quietly made its debut as a public company by way of Canada. read more >
by George Waldon -
Pulaski Tech Foundation Appoints New Board Chairman (Movers & Shakers)
Dan Oberste has been appointed chairman of the board of the Pulaski Technical College Foundation, and Oscar David Washington Jr. is the board’s newest member. read more >
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