BRT Apartments amends credit facility: interest rate switches from prime to SOFR, current rate 7.82%

BRT Apartments Corp.

Interest rate changes to 1-month SOFR plus 250 bps, with a 6.0% floor, effective August 22, 2023.
As of August 29, 2023, the annual rate under the facility was 7.82%.
Outstanding balance under the loan documents is $0.00 at the time of amendment.
No events of default; borrower reaffirms representations and warranties.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.