---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000022"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:43:19.368067+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BRT completes three partner buyouts, raises dividend 8.7% to $0.25, shareholders approve incentive plan

## Summary
- Completed purchases of 20% interests in three apartment properties (570 units) for $21.8M; properties now wholly owned.
- Expects additional partner buyouts for six properties by July 31, 2022, aggregate purchase price ~$68.7M, mortgage debt ~$139.7M.
- Quarterly dividend increased by $0.02 to $0.25 per share, payable July 8, 2022 to holders of record June 30, 2022.
- At annual meeting, shareholders elected all directors, ratified EY as auditor, and approved 2022 Incentive Plan (1M shares).
- Three completed buyouts add expected quarterly rental revenue of ~$2.0M and operating expenses of $939K; occupancy 95.1%.

## SEC filing metadata
- accession: 0000014846-22-000022
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000022/0000014846-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000022/brt-20220608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000022
- JSON: https://secwatch.observer/filing/0000014846-22-000022.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000022.txt

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