
BSR Real Estate Investment Trust (TSE:HOM.UN) said its first-quarter results showed sequential improvement as expenses normalized, recent acquisitions continued to lease up and early organic growth initiatives began contributing to revenue.
On the REIT’s earnings call for the quarter ended March 31, 2026, President and CEO Dan Oberste said Q1 “marks the beginning of a period of significant momentum” for the company. He pointed to sequential improvement in same-community net operating income and margins, progress stabilizing the 2025 acquisition class and early results from the REIT’s bulk internet and valet trash initiatives.