BSR Real Estate Investment Trust

TSX:HOM.UN Stock Report

Market Cap: CA$944.3m

BSR Real Estate Investment Trust Management

Management criteria checks 2/4

BSR Real Estate Investment Trust's CEO is Dan Oberste, appointed in Nov 2020, has a tenure of 4.08 years. total yearly compensation is $1.68M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth CA$6.99M. The average tenure of the management team and the board of directors is 1.9 years and 6.7 years respectively.

Key information

Dan Oberste

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage31.3%
CEO tenure4.1yrs
CEO ownership0.7%
Management average tenure1.9yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Oberste's remuneration changed compared to BSR Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$150m

Jun 30 2024n/an/a

-US$190m

Mar 31 2024n/an/a

-US$196m

Dec 31 2023US$2mUS$525k

-US$211m

Sep 30 2023n/an/a

-US$158m

Jun 30 2023n/an/a

-US$55m

Mar 31 2023n/an/a

US$152m

Dec 31 2022US$1mUS$500k

US$227m

Sep 30 2022n/an/a

US$315m

Jun 30 2022n/an/a

US$398m

Mar 31 2022n/an/a

US$273m

Dec 31 2021US$1mUS$400k

US$283m

Sep 30 2021n/an/a

US$174m

Jun 30 2021n/an/a

US$107m

Mar 31 2021n/an/a

US$31m

Dec 31 2020US$726kUS$301k

US$28m

Sep 30 2020n/an/a

US$52m

Jun 30 2020n/an/a

-US$2m

Mar 31 2020n/an/a

US$36m

Dec 31 2019US$714kUS$285k

-US$53m

Sep 30 2019n/an/a

US$105m

Jun 30 2019n/an/a

US$131m

Mar 31 2019n/an/a

US$222m

Dec 31 2018US$661kUS$177k

US$247m

Compensation vs Market: Dan's total compensation ($USD1.68M) is about average for companies of similar size in the Canadian market ($USD1.83M).

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


CEO

Dan Oberste (42 yo)

4.1yrs

Tenure

US$1,678,595

Compensation

Mr. Daniel M. Oberste, also known as Dan, serves as President of BSR Real Estate Investment Trust since November 10, 2020 and served as its Chief Investment Officer since April 08, 2018 and served as its E...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Oberste
President4.1yrsUS$1.68m0.74%
CA$ 7.0m
Susan Koehn
COO, Interim CFO & Corporate Secretary1.9yrsUS$900.64k0.22%
CA$ 2.1m
Scott Ray
Chief Administrative Officer6.7yrsUS$400.27k0.22%
CA$ 2.1m
Steven Etchison
Chief Accounting Officer1.9yrsno data0.0089%
CA$ 84.0k
Spencer Andrews
VP of Marketing & Investor Relationsless than a yearno datano data
Phillip Anders
Director of Human Resourcesno datano datano data
Mike Cirillo
Vice President of Asset Managementno datano datano data
Davi Miesner
Senior Vice President of Operations1.9yrsno datano data
Debby Pratt
Controllerno datano datano data

1.9yrs

Average Tenure

Experienced Management: HOM.UN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Daniel Oberste
President2.9yrsUS$1.68m0.74%
CA$ 7.0m
William Halter
Independent Trustee6.7yrsUS$116.21kno data
Bryan Held
Independent Trustee6.7yrsUS$151.83k0.024%
CA$ 226.1k
Graham Senst
Independent Trustee6.9yrsUS$155.70k0.32%
CA$ 3.1m
S. Marshall
Independent Chair of the Board2.6yrsUS$106.56kno data
Teresa Neto
Independent Trustee2.9yrsUS$107.64k0.019%
CA$ 179.1k
Warren Hughes
Non-Independent Trustee6.7yrsUS$116.31k0.016%
CA$ 150.0k

6.7yrs

Average Tenure

63yo

Average Age

Experienced Board: HOM.UN's board of directors are considered experienced (6.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BSR Real Estate Investment Trust is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jenny MaBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Dean WilkinsonCIBC Capital Markets