---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000040"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T17:26:05.145357+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BRT Apartments sells SC property for $32.4M; expects $11.4M gain, 20% IRR

## Summary
- Sold Waters Edge (204 units) in Columbia, SC for ~$32.4M; BRT held 80% equity interest.
- BRT received net proceeds of ~$13.3M; estimates $11.4M gain and $385K mortgage prepayment charge.
- BRT generated ~20% IRR over six-year hold period.
- Property contributed $66K equity loss in 2021.
- Proceeds used to pay down credit facility debt; CEO cites additional capital flexibility.

## SEC filing metadata
- accession: 0000014846-22-000040
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000040/0000014846-22-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000040/brt-20220901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000040
- JSON: https://secwatch.observer/filing/0000014846-22-000040.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000040.txt

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