LITTLE
ROCK, Ark. and TORONTO, Feb. 23,
2023 /CNW/ - BSR Real Estate Investment Trust ("BSR"
or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced today that it
has been named as one of the Best Places to Work in Multifamily and
Best Places to Work in Multifamily for Women at the Multifamily
Innovation Awards by Multifamily Leadership.
These distinctions are designed to recognize companies and REITs
operating in the multifamily real estate industry that have
established and consistently fostered outstanding workplace
environments and acknowledged that employees can be a company's
strongest and most valuable asset. The rigorous assessment process
evaluated each organization's employee policies and procedures as
well as responses from the organization's employees. The program is
part of a long-term initiative to encourage growth and excellence
throughout the Multifamily Apartment Industry and to attact new
leaders to the industry.
"Receiving both distrinctions marks a special honor for our team
at BSR," said Dan Oberste, BSR's
President and Chief Executive Officer. "We are committed to
providing a workplace culture that attracts, retains and rewards
our employees who represent the foundation of our current and
future growth."
About BSR Real Estate Investment
Trust
BSR Real Estate Investment Trust is an internally managed,
unincorporated, open-ended real estate investment trust established
pursuant to a declaration of trust under the laws of the Province
of Ontario. The REIT owns a
portfolio of multifamily garden-style residential properties
located in attractive primary and secondary markets in the Sunbelt
region of the United States.
Forward-Looking
Statements
This news release contains forward-looking information within
the meaning of applicable securities legislation, which reflects
the REIT's current expectations regarding future events, including
the accretive impact of the REIT's capital recycling efforts on
future financial results, and in some cases can be identified by
such terms as "will" and "expected". Forward-looking information is
based on a number of assumptions and is subject to a number of
risks and uncertainties, many of which are beyond the REIT's
control that could cause actual results and events to differ
materially from those that are disclosed in or implied by such
forward-looking information. The risks and uncertainties that may
impact such forward-looking information include, but are not
limited to, the factors discussed under "Risks and Uncertainties"
in the REIT's Management's Discussion and Analysis for the three
months ended September 30, 2022 and
in the REIT's annual information form dated March 8, 2022, both of which are available on
SEDAR (www.sedar.com). The REIT does not undertake any obligation
to update such forward-looking information, whether as a result of
new information, future events or otherwise, except as expressly
required by applicable law. This forward-looking information speaks
only as of the date of this news release.
SOURCE BSR Real Estate Investment Trust