Apex Trader Funding (ATF) - News
BSR REIT PROVIDES SELECT OPERATING HIGHLIGHTS FOR SECOND QUARTER OF 2024
LITTLE ROCK, Ark. and TORONTO, July 16, 2024 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") today provided select operating highlights from the second quarter of 2024 ("Q2 2024").
Leasing Update
During Q2 2024, excluding short term leases, rental rates for new leases declined 2.6%, while rates for renewals increased 3.1%, resulting in a blended increase of 0.3% over the prior leases with weighted average occupancy of 95.3% as of June 30, 2024, consistent with the prior quarter and prior year.
MSA
State
Number of Units
Effective New Lease Rate Growth for Q2 2024
Effective Renewal Lease Rate Growth for Q2 2024
Effective Blended Lease Rate Growth for Q2 2024
Austin
Texas
1,936
-6.2 %
1.8 %
-2.3 %
Dallas
Texas
3,225
-4.1 %
3.1 %
-0.6 %
Houston
Texas
2,236
0.0 %
3.4 %
1.7 %
Little Rock
Arkansas
304
4.0 %
4.9 %
4.6 %
Oklahoma City
Oklahoma
965
6.5 %
4.6 %