H&R Real Estate Investment Trust Q1 Earnings Call Highlights Operational Improvements
H&R Real Estate Investment Trust reported improved performance in its U.S. multifamily operations following a transition to Greystar property management, with early signs of increased leads and lease approvals. The company expects CAD 5 million in annual savings from the changeover but noted weak Sunbelt lease spreads and lower occupancy rates.
Topics: asset sales multifamily property management transition repositioning strategy