BRT Apartments amends credit facility terms, boosts buyback to $10M

BRT Apartments Corp.

Reduced interest rate on $40M revolver to 3-month SOFR +210bps from +250bps; minimum rate cut to 5% from 6%.
Cap rate for asset valuation under facility reduced to 6.25% from 6.5%.
Outstanding balance on facility is $0 as of Sept 17, 2026; facility remains undrawn.
Board authorized replenishment of stock repurchase program to $10M in shares.

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