LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX:HOM) announced today that it has completed the purchase of Wimberly Apartments ("Wimberly" or the "Property"), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange of the George Bush Turnpike and Dallas North Tollway. The purchase is expected to be immediately accretive to the REIT's adjusted funds from operations1 ("AFFO") on a per unit basis.