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Bullboard - Stock Discussion Forum BSR Real Estate Investment 5 00 convertible unsecured subordinated debentures BSRTF


Primary Symbol: T.HOM.DB.U Alternate Symbol(s):  T.HOM.UN

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust (REIT). The principal business of the Company is to acquire and operate multi-family residential rental properties across the United States. The Company owns approximately 31 multifamily garden-style residential properties located across three bordering states in the Sunbelt region... see more

TSX:HOM.DB.U - Post Discussion

Post by DanielDarden123 on Nov 03, 2022 10:19am

Buybacks

The total for October was almost 78k. all < $14 U.S. It appears that another ~102k was bought on Oct.31 @ $14.05 U.S. Of course all have been cancelled and reduce the unit count for the benefit of existing unit holders. Cash is obviously available to complete purchases.
Comment by DanielDarden123 on Dec 06, 2022 11:39am
# of units were further reduced by 499k as a result of the issuer bid. All were <$14 U.S. in Nov.. The CEO also laid out > $40k. U.S. to buy units for his account. Eating his own cooking!
Comment by Beabaggage on Dec 07, 2022 6:05pm
Started a position in US at $13.40 today, had this on watch a while now and they are sitting pretty w huge disc to NAV and US apt bldgs the best part of the r/e market where trades are still active and strong.  Bea 
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