BSR Trust Completes Acquisition of 360-Unit West End Lodge Apartment Community in Beaumont, Texas
BEAUMONT, TX - BSR Trust announced that it has completed an acquisition of the West End Lodge apartment homes in Beaumont, Texas. The purchase of West End Lodge marks the second acquisition BSR Trust has made in the Beaumont market in under a year. BSR Trust purchased The Pointe Apartments in July of 2015. West End Lodge was built in 2007 and contains 360 residences in an even mix of one bedroom and two bedroom floorplans. It has received an ApartmentRatings.com " Top Rated Award " three of the last four years. The upscale garden- style community adds to the growing list of over 40 multifamily housing properties owned and managed by the Little Rock based company throughout Texas, Louisiana, Oklahoma, Arkansas and Mississippi. The terms of the deal were not disclosed.
" West End Lodge is the premier apartment community in Beaumont, and we are proud to expand our operations there." said Daniel Oberste, Chief Investment Officer of BSR Trust. "Our e...