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 of the United States, which stretches across the South Atlantic and Southwest portions of the United States. The Company also owns one property under development in Austin, Texas. Its properties include Adley at Gleannloch Apartments, Alleia Long Meadow Farms Apartments, Ariza Plum Creek, Auberry at Twin Creeks, Aura Benbrook, Aura 36Hundred, Bluff Creek Apartments, Brandon Place Apartment Homes, Bridgeport Apartments, Cielo Apartment Living, Hangar 19, Lakeway Castle Hills, Markham Oaks Apartments, M at Lakeline, Overlook by the Park and others. It operates in Arkansas, Texas and Oklahoma.

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BSR Real Estate Investment 5 00 convertible unsecured subordinated debentures > Huge Volume

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Post by 50centdollarson Nov 03, 2023 9:59am

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Post# 35715576

Huge Volume

Huge volume - relatively speaking - for this stock yesterday. Over 150K units traded for HOM.UN, and already another 58K in the first half hour today.

No idea what's going on, but hopefully part of it is the company buying back units at these depressed levels. I have no idea why anyone would be selling this in volume the last couple days at these - IMO - dirt cheap levels given what's been happening to treasury yields. This is one of the few REITs that hasn't surged much higher the last couple days... maybe that will happen later today.

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