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BSR Real Estate Investment Trust Units T.HOM.UN

Alternate Symbol(s):  BSRTF

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust (REIT) focused on acquiring and operating multifamily residential rental properties across the United States. It owns approximately 31 garden-style properties with over 8,666 apartments in Texas, Oklahoma, and Arkansas. Its properties features and amenities include resort-style pools, splash pads, upscale clubhouses, modern fitness centers, dog parks, pet care centers, garages, covered parking, bicycle storage, cinemas, private work pods, conference rooms, business centers, community game rooms, and outdoor barbeque areas. 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, and M at Lakeline.


TSX:HOM.UN - Post by User

Comment by DanielDardenon May 16, 2024 4:32pm
123 Views
Post# 36044257

RE:RE:Insiders buying

RE:RE:Insiders buying
DanielDarden wrote:
incomedreamer11 wrote:  Mar 28/24 Director Bailey, John Stanley Control or Direction
Public market buy Trust Units USD 11.04 - 11.16  + 134,452 > 100% 136,351

Mar 28/24 Officer Etchison, Steven Carl Direct Ownership
Public market buy Trust Units USD 10.78  + 265 9.8% 2,974 

Mar 28/24 CEO Oberste, Daniel Martin Control or Direction
Private buy Class B Units of LLC 0.00 + 62,837 > 100% 84,173

Mar 28/24 Director Senst, Graham David Direct Ownership
Public market buy Trust Units USD 10.90 + 2,200 2.3% 97,200

Mar 27/24 Officer Etchison, Steven Carl Direct Ownership
Public market buy Trust Units USD 10.98 +450 19.9% 2,709

Mar 27/24 Director Senst, Graham David Direct Ownership
Public market buy Trust Units USD 10.89 - 10.91 +4,300 4.7% 95,000

Mar 21/24 Director Senst, Graham David Direct Ownership A
Public market buy Trust Units USD 10.97 - 10.98  +4,400 5.1% 90,700



John Bailey also owns directly and indirectly, Class B Units which puts his ownership to ~20% of BSR. If the true value does not surface soon, He may decide to privatize the company at these depressed prices. As the former CEO, he would know the future value embedded.

He recently purchased another $317K U.S. worth. Clearly he sees the value embedded here and is acting accordingly. This is getting interesting as it moves up!
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