---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000030"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-07-01T23:59:59+00:00"
generated_at: "2026-06-24T21:39:58.994239+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BRT completes $91.3M sale of The Vive, buys out partner in Grove at River Place for $7.5M

## Summary
- Sold The Vive for $91.3M; expects $21.5M gain in Q2 2022 after $745K prepayment charge.
- Generated 39.9% IRR over 3.25 years from The Vive; BRT received ~$30.2M net proceeds.
- Purchased remaining 20% interest in Grove at River Place for $7.5M; consolidates $10.4M mortgage at 4.39%.
- Proceeds to be used for partner buyouts, debt paydown, and general corporate purposes.
- CEO cites continued portfolio growth and value extraction from targeted asset transactions.

## SEC filing metadata
- accession: 0000014846-22-000030
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000030/0000014846-22-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000030/brt-20220630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000030
- JSON: https://secwatch.observer/filing/0000014846-22-000030.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000030.txt

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