secwatch.observer — SEC 8-K summary
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Issuer:     BRT Apartments Corp. (BRT)
CIK:        0000014846
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0000014846-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRT Apartments Q1 net income $11.5M ($0.62/diluted) vs loss year ago; AFFO up 30% to $0.39/share
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- Net income of $11.5M ($0.62/diluted) vs net loss of $3.77M ($0.22 loss) in Q1 2021.
- AFFO of $7.24M ($0.39/diluted) up from $5.13M ($0.30) in prior year, a 30% per-share increase.
- Same-store property NOI grew 15.9% across entire portfolio.
- Acquired or announced partner interest buyouts for 11 properties totaling $102.1M year-to-date.
- Announced agreements to sell two properties for $68.5M and $92.0M, part of $214.3M dispositions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14846/000001484622000017/0000014846-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14846/000001484622000017/brt-20220509.htm
  HTML page:      https://secwatch.observer/filing/0000014846-22-000017

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