LITTLE ROCK, AR. and TORONTO, March 24, 2025 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced today that it has sold Bluff Creek Apartments in Oklahoma City, Oklahoma for gross proceeds of $28.3 million. Bluff Creek was built in 1984 and has 316 apartment units. The gross sales price is equal to the IFRS value of the property as of December 31, 2024 and represents an 8.4% increase over the IFRS value as of September 30, 2024.
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BSR REIT ANNOUNCES SALE OF BLUFF CREEK APARTMENTS IN OKLAHOMA CITY FOR $28.3 MILLION
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