{"schema_version":"secwatch.filing_event.v1","accession":"0000014846-23-000047","form_type":"8-K","ticker":"BRT","cik":"0000014846","company_name":"BRT Apartments Corp.","filed_at":"2023-12-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.210609+00:00","generated_at":"2026-06-07T07:17:29.191098+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BRT terminates $62.5M multifamily acquisition; seller blocks return of $1.3M deposit","bullets":["Contract to buy 238-unit multifamily property in Richmond, VA for ~$62.5M was terminated in December 2023.","Company requested return of $1.3M down payment from escrow; seller claims default and is blocking the return.","Company is pursuing return of deposit or revival of purchase contract at a reduced price, but no assurance of success.","If down payment is not recouped, BRT will incur a loss on the transaction.","Deal included assumption of $32M mortgage debt at 3.34% interest rate maturing in 2061."],"urls":{"canonical":"https://secwatch.observer/filing/0000014846-23-000047","json":"https://secwatch.observer/filing/0000014846-23-000047.json","markdown":"https://secwatch.observer/filing/0000014846-23-000047.md","text":"https://secwatch.observer/filing/0000014846-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14846/000001484623000047/0000014846-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14846/000001484623000047/brt-20231226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:17:29.191098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}