BSR REIT Q1 Earnings & Negative Rent Pressure in Austin and DFW
Tuesday, 2 July 2024, 07:10
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BSR REIT Q1 Earnings Report
The Q1 earnings report of BSR REIT (BSRTF) highlights negative rent pressure in Austin and DFW.
Reasons for Negative Rent Pressure
- Oversupply: Elevated supply in the multi-family market impacting rental prices.
Despite the challenges, BSR REIT remains a hold rating for investors.
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