Brief: Bsr Acquires Retreat At Wolf Ranch Apartments In Austin Market For $51.6 Million

BSR Real Estate Investment Trust

10/06/2020 22:34

BSR Real Estate Investment Trust  HOMu.TO :
    * BSR ACQUIRES RETREAT AT WOLF RANCH APARTMENTS IN AUSTIN
MARKET
FOR $51.6 MILLION
    * BSR REIT - TRANSACTION WAS FUNDED WITH $26.5 MILLION IN
MORTGAGE
DEBT, WITH REIT'S CREDIT FACILITY USED FOR BALANCE
    * BSR REIT - ADDITION OF PROPERTY IS EXPECTED TO BE
IMMEDIATELY
ACCRETIVE TO REIT'S AFFO ON A PER UNIT BASIS

Source text for Eikon:  ID:nCNWVnCdma 
Further company coverage:  HOMu.TO