LITTLE ROCK, Ark. and TORONTO, March 31, 2025 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced today that it has completed the sale of three properties located in Austin, TX to AvalonBay Communities, Inc. ("AVB") (NYSE: AVB) for cash proceeds of $187 million (the "Transaction"). The properties included in the Transaction are Cielo I (326 apartment units), Cielo II (228 apartment units), and Retreat at Wolf Ranch (303 apartment units).
Read more at newswire.caBSR REIT Completes Sale of Austin Portfolio to Avalonbay Communities for $187 Million
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