DALLAS, TX – BSR Trust announced that it has completed the buy of Windhaven Park Apartments in Plano, Texas. Windhaven is an expansive 22-acre garden-style community with 474 apartment homes. The property is located near North Dallas’ largest employers including the new Toyota North America headquarters, Hewlett Packard, Frito-Lay, PepsiCo and others. The buy of Windhaven marks BSR’s second property in the Dallas market and second acquisition thus far in 2017. The terms of the deal were not told.

Windhaven Park will be the largest single community in the BSR portfolio, which now includes just under 10,000 apartment homes throughout Texas, Louisiana, Oklahoma, Arkansas and Mississippi. BSR has now grown its portfolio’s total apartment unit count 14% in the last 18 months through new acquisitions.

“We are thrilled to grow BSR further with the buy of Windhaven Park,” said Blake Brazeal, President and Chief Operating Officer of BSR Trust. “This acquisition aligns well with our growth strategy and increases our presence in the Dallas market.”

The buy of Windhaven Park Apartments results in BSR Trust, LLC owning and operating 47 apartment communities across its portfolio.

BSR Trust is a leading owner and operator of garden-style, multifamily communities in the US. The primary mission of BSR is to provide an exceptional living experience for residents at a community they are proud to call home while making value for our shareholders through strength, profitability and growth. BSR traces its roots back to 1956 with the formation of Bailey Corporation in Small Rock, Arkansas.

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NEW YORK, NY – Stayawhile, a startup building a global network of furnished designer apartments, announced today that they have begun accepting digital currencies Bitcoin and Ethereum for rent payments. The company is among the first in the real estate industry to accept cryptocurrency.

Both Bitcoin and Ethereum have appreciated dramatically over the past year, leading to increased investor interest and consumer adoption. Stayawhile’s adoption of cryptocurrency is aligned with the company’s position as a trailblazer in the residential real estate industry and also with global trends toward mobile payments, cross-border mobility and the increased use of blockchain technology.

“As cryptocurrency becomes more mainstream, people want to spend their digital assets on real-world goods and services,” said Janine Yorio, the company’s Founder and CEO. “We want to transform how residential real estate is used by the modern consumer. We’ve already removed the fax machine, the notary and the standard, inflexible 12-month lease from the equation. Now we’re modernizing payments, too.”

According to Ibisworld, Americans spend over $160 billion each year on apartment rents. Although the company admits that the number of people who will want to pay with Bitcoin or Ethereum today may be relatively small, the management team believes strongly that cryptocurrency payments represent the future of not just the real estate industry but of the entire consumer landscape.

“Companies who ignore the growing consumer preference toward paying with Bitcoin and other altcoins are missing a massive opportunity,” says Brett Woodward, a blockchain engineer and a member of the Stayawhile founding team.

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