---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000028"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:20:50.249238+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BRT Apartments 80%-owned JV sells 204-unit SC property for $32.4M; expects $11.3M gain

## Summary
- Sale of Waters Edge at Harbison (Columbia, SC, 204 units) for ~$32.4M.
- Estimated 20.2% IRR over six-year hold period; net gain of $11.3M after $263K prepayment.
- Property had $12.3M mortgage debt at 4.28% interest with 4.2 years remaining.
- Contributed a $66K loss to BRT's equity in 2021.
- Closing expected in Q3 2022, subject to customary conditions.

## SEC filing metadata
- accession: 0000014846-22-000028
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000028/0000014846-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000028/brt-20220620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000028
- JSON: https://secwatch.observer/filing/0000014846-22-000028.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000028.txt

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