10:01 AM EDT, 05/15/2025 (MT Newswires) -- BSR Real Estate Investment Trust (HOM-U.TO) on Thursday said it bought two recently constructed Houston residential communities, Forayna Vintage Park and Botanic Luxury, for $141 million.

"Forayna Vintage Park and Botanic Luxury are both well positioned to benefit from the BSR operating platform and drive growth for our unitholders," said BSR Chief Executive Dan Oberste. "By adding these communities, we have quickly executed on a significant portion of the strategy we presented to the market in the first quarter of the year."

With the closing of Forayna Vintage Park and Botanic Luxury, BSR now owns 25 properties consisting of 6,802 apartment units.

Shares of the company were last seen down 0.2% at $13.15 on the Toronto Stock Exchange.

Price: 13.15, Change: -0.02, Percent Change: -0.15