BRT Apartments

BRT Apartments Corp. is a real estate investment trust, which engages in the ownership, operation, and development of multi-family properties. Its properties include Brixworth at Bridge Street, Silvana Oaks Apartments, Avondale Station, Newbridge Commons, Kendall Manor, and Parkway Grande. The company was founded in 1972 and is headquartered in Great Neck, NY.

Earnings data Q2 2023

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BRT Apartments Corp. is a real estate investment trust. It engages in the ownership, operation, and holding interests in joint ventures that own and operate multi-family properties. The company was founded in June 1972 and is headquartered in Great Neck, NY.

GREAT NECK, N.Y., Nov. 05, 2020 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas today announced operating results for the three months ended September 30, 2020.

BRT Apartments Corp. Reports Third Quarter Results for 2020

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GREAT NECK, N.Y., Oct. 26, 2020 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the third quarter of 2020 after the market close on Thursday, November 5, 2020.

BRT Apartments Corp. Announces Third Quarter 2020 Earnings Release

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Invest In Residential Real Estate With A 7.4% Yield: Buy BRT Apartments

BRT Apartments Corp (BRT) CEO Jeffrey Gould on Q2 2020 Results - Earnings Call Transcript

BRT Apartment Corp (BRT) CEO Jeffrey Gould on Q2 2020 Results - Earnings Call Transcript

- Collects 98% of Billed Amounts in the Second Quarter and for July - - Collects 98% of Billed Amounts in the Second Quarter and for July -

BRT APARTMENTS CORP. Reports Second Quarter Results for 2020

GREAT NECK, N.Y., July  23, 2020  (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the second quarter 2020 after the market close on Monday, August 10, 2020.

BRT Apartments Corp. Announces Second Quarter 2020 Earnings Release

BRT Apartments Inc (NYSE:BRT) was trading 2% higher from the previous closing price.

Insider Buys BRT Apartments Stock

– Collects 98% of April and May 2020 Billed Amounts and 95% of June 2020 Billed Amounts –

BRT APARTMENTS CORP. Reports First Quarter Results for 2020

As of May 18, 2020, Collects 96% of Billable May Rent Payments As of May 18, 2020, Collects 96% of Billable May Rent Payments

BRT Apartments Corp. Provides Update

 - Collects 96% of April Rent Payments –

BRT Apartments Corp.  Provides Update

GREAT NECK, N.Y., Feb.  24, 2020  (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that an entity in which it has a 80% equity interest acquired Abbotts Run Apartments, a 264-unit multi-family property located in Wilmington, North Carolina, for $38.0 million, including $23.2 million of mortgage debt assumed in the acquisition.  The mortgage debt matures in 2030, carries an interest rate of 4.71%, is interest only until 2025 and amortizes on a 30-year amortization schedule thereafter.  The Company received favorable pricing on the property to offset the above-market rate on the assumed debt.  BRT contributed $13.7 million of equity in connection with the acquisition and anticipated improvements to the property.  This is the second property BRT has acquired in North Carolina.

BRT Apartments Corp. Acquires Second Property in North Carolina

GREAT NECK, N.Y., Dec.  19, 2019  (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced the sale of Waterside at Castleton, located in Indianapolis, Indiana, in which the Company held an 80% joint venture equity interest.  The property was sold for an aggregate gross sales price of $36.5 million and a gain of approximately $17.0 million, of which $7.3 million is allocated to the non-controlling interest.  The gain will be recognized in the quarter ending December 31, 2019.  BRT incurred a $1.6 million mortgage defeasance charge, of which $697,000 is allocated to the non-controlling interest. The net gain to BRT, after giving effect to the non-controlling interest and BRT’s share of the defeasance charge, is approximately $8.8 million.  The Company owned Waterside for almost six years over which the property produced an annual IRR greater than 22%.

BRT Apartments Corp. Sells Indianapolis Property for $36.5 Million

GREAT NECK, N.Y., Dec.  09, 2019  (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.22. The dividend is payable January 7, 2020 to stockholders of record on December 20, 2019.  For Federal income tax purposes, it is anticipated that  this dividend will be included in 2019 income and that it will be treated as capital gain. 

BRT Apartments  Corp.  Announces Dividend

BRT Apartments Corp (BRT) CEO Jeffrey Gould on Q3 2019 Results - Earnings Call Transcript

BRT (BRT) delivered FFO and revenue surprises of 23.81% and 4.21%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

BRT Realty (BRT) Beats Q3 FFO and Revenue Estimates

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GREAT NECK, N.Y., Oct.  23, 2019  (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a growing multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas, today announced it will release financial results for the third quarter 2019 after market close on Wednesday, November 6, 2019.

BRT Apartments Corp. Announces Third Quarter 2019 Earnings Release

GREAT NECK, N.Y., Sept.  12, 2019  (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.22, representing an increase of $0.02 per share, or 10% over the prior dividend payment. The dividend is payable October 10, 2019 to stockholders of record on September 25, 2019.

BRT Apartments Corp. Raises Quarterly Dividend 10%

BRT Apartments Corp. (BRT) CEO Jeffrey Gould on Q2 2019 Results - Earnings Call Transcript

BRT (BRT) delivered FFO and revenue surprises of 14.29% and 2.63%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

BRT Realty (BRT) Surpasses Q2 FFO and Revenue Estimates

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