secwatch.observer — SEC 8-K summary
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Issuer:     BRT Apartments Corp. (BRT)
CIK:        0000014846
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0000014846-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRT Apartments reports Q4 net loss $0.08, FFO $0.35; FY net income $1.62, FFO $0.97
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- Q4 2021 net loss $1.25M ($0.08/diluted) vs. loss $3.30M ($0.19) in Q4 2020.
- Full-year 2021 net income $29.1M ($1.62/diluted); FFO $17.43M ($0.97), AFFO $23.81M ($1.33).
- Q4 revenue $10.28M (+46.2% YoY) driven by consolidating JV partner interests.
- Same-store occupancy up 160 bps to 95.3%; average monthly rent grew 2.7%.
- Portfolio units expanded 37% via buyouts of JV partners, boosting wholly-owned NOI 18.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14846/000001484622000006/0000014846-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14846/000001484622000006/brt-20220314.htm
  HTML page:      https://secwatch.observer/filing/0000014846-22-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer