---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000013"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-04-12T23:59:59+00:00"
generated_at: "2026-06-26T07:55:58.428610+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BRT Apartments completes $12.8M JV buyout, agreements for $89.3M for nine more properties

## Summary
- Completed $12.8M buyout of JV interests in 2 properties (462 units); adds $56.7M mortgage debt at 4.04% avg rate.
- Agreements to buy remaining JV interests in nine properties (2,382 units) for ~$89.4M; adds $169.2M mortgage debt at 4.22% avg rate.
- Post buyouts, BRT will wholly own 21 properties (5,420 units) and have interests in 11 other properties (3,565 units).
- Funding sources: available cash, credit facility, ATM equity program, potential property sales, and $19M new mortgage.
- Nine properties contributed $1.0M equity earnings in 2021; acquisitions expected to close over next several months.

## SEC filing metadata
- accession: 0000014846-22-000013
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-04-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000013/0000014846-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000013/brt-20220406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000013
- JSON: https://secwatch.observer/filing/0000014846-22-000013.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.