(MENAFN- Baystreet.ca) 10:46 AM EST - BSR Real Estate Investment Trust : Has acquired Satori at Long Meadow Apartments in Richmond, Texas and Auberry at Twin Creeks in Allen, Texas for a total of $92.8 million. Richmond is located in the Houston Metropolitan Statistical Areaand Allen is located in the Dallas-Fort Worth MSA. To satisfy the purchase price for the two properties, the REIT used $56.9 million in mortgage debt, of which $20.3 million was assumed, and used its credit facilities for the balance. BSR Real Estate Investment Trust
sharesT.HOM.Uare trading up $0.14 at $11.72.
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