BSR Real Estate Investment Trust sells six Dallas apartment properties to AvalonBay Communities for $431.5 million

Type: Sale · Technology: Hospitality, Other · Country: United States · Value: $431.5M · Announced: 2025-04-30

BSR Real Estate Investment Trust closed a contribution transaction selling six multifamily properties comprising 1,844 apartment units in Dallas, Texas to AvalonBay Communities, Inc. for aggregate consideration of $431,500,000, receiving $193,000,000 in cash and equity in an AVB DownREIT partnership.

Counterparties

• AvalonBay Communities, Inc (Buyer)
• BSR Trust, LLC (Seller)
• BSR Real Estate Investment Trust (Seller)

Source article

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