---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000026"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-06-14T23:59:59+00:00"
generated_at: "2026-06-25T01:58:07.884002+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BRT Apartments sells Retreat at Cinco Ranch for $68.3M, expects $16.5M gain

## Summary
- Sold Retreat at Cinco Ranch (Katy, TX) for $68.3M; BRT held 75% interest in unconsolidated joint venture.
- BRT received net proceeds of ~$21.4M and expects $16.5M gain in Q2 2022, after $639k defeasance charge.
- Property generated ~20.4% IRR over 6.5 years; had $30.2M mortgage debt at 4.44%, remaining term 3.8 years.
- Proceeds to be used for partner buy-outs, pay down ~$6M credit facility debt, and general corporate purposes.

## SEC filing metadata
- accession: 0000014846-22-000026
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000026/0000014846-22-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000026/brt-20220614.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000026
- JSON: https://secwatch.observer/filing/0000014846-22-000026.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000026.txt

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