secwatch.observer — SEC 8-K summary
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Issuer:     BRT Apartments Corp. (BRT)
CIK:        0000014846
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0000014846-22-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRT Apartments Q3 net income $7.06M ($0.37/diluted); AFFO $0.38/diluted
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- Net income of $7.06M ($0.37/diluted) down from $28.11M ($1.54) in Q3 2021 due to lower gains from property sales.
- AFFO increased to $7.17M ($0.38/diluted) from $5.66M ($0.31) on improved operating margins and partner buyouts.
- Year-to-date acquired partners' remaining interests in 11 properties for total of $105.87 million.
- Weighted average diluted shares rose 713,000 due to at-the-market offering and equity incentive programs.
- CEO cites fixed-rate debt with no maturities until 2025 and strong underlying market fundamentals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14846/000001484622000047/0000014846-22-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14846/000001484622000047/brt-20221107.htm
  HTML page:      https://secwatch.observer/filing/0000014846-22-000047

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