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Bullboard - Stock Discussion Forum BSR Real Estate Investment 5 00 convertible unsecured subordinated debentures T.HOM.DB.U

Alternate Symbol(s):  BSRTF | 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 retiredcf on May 29, 2022 1:07pm

Reason For Decline?

Q: Other than higher interest rates, is there a reason why the US housing REITS such as Tricon Residential or BSR REIT have been so weak of late? 

Other than rates, investors seem worried about the economy grinding to a halt, which may impact property values of real estate companies. The economy IS likely slowing, but with 11M jobs open in the US and 1M in Canada, it is hard to envision a real disaster here. (5iResearch)
 
Comment by retiredcf on May 30, 2022 11:51am
The other problem we are facing is very low trading volume. Only 2200 so far today which makes the SP more volatile. GLTA