Highest-materiality recent filing
BRT Apartments agrees to acquire 153-unit Atlanta multifamily property for $35M
Purchase price ~$35M for The Waterford on Piedmont, a 153-unit high-rise in Atlanta's Midtown submarket.
BRT Apartment shareholders elect all directors, approve 2026 Incentive Plan at annual meeting
Elected four directors (Cicero, Gould, Hurand, Weiss) with majorities ranging from 12.0M to 13.9M votes for.
BRT Apartments agrees to acquire Ranch Lake Apartments in Bradenton, FL for ~$80M
Purchase price ~$80M; assumption of $45.7M HUD-insured mortgage at 2.91% maturing 2056.
BRT filed supplemental Q1 2026 financial information dated May 7, 2026.
BRT Apartments files supplemental financial info for Q4/FY2025; no specific figures provided
Furnished supplemental financial information for three and twelve months ended December 31, 2025.
CFO George Zweier retires; Isaac Kalish appointed CFO effective Feb 27, 2026
George Zweier retired as CFO on Feb 27, 2026, as previously anticipated in September 2025.
BRT Apartments refinances $42.7M in mortgages with $71.9M new debt at 4.95%
Refinanced three maturing mortgages totaling $42.7M at 4.36% with $71.9M new debt at 4.95%, weighted avg term ~9 years.
Filing contains supplemental financial information for quarter ended September 30, 2025, but no quantitative results are included in the provided exhibit excerpt.
BRT Apartments appoints new CFO and CAO; current CFO to retire Q1 2026
Matthew Gibbons appointed Chief Accounting Officer, effective immediately; previously at BDO and Baker Tilly.
Exhibit 99.1 titled Supplemental Financial Information for three months ended June 30, 2025, dated August 7, 2025.
BRT Apartments EVP Mitchell Gould accelerates retirement to July 31, 2025; no replacement planned
Gould retires July 31, 2025 (originally early 2026); forfeits RSUs on 35,197 shares tied to performance.
BRT Apartments annual meeting results: all director nominees and auditor ratified
Elected directors M. Gould, L. Grassi, I. Rosenzweig, J. Rubin for 3-year terms; each received >12.5M for votes.
BRT EVP Mitchell Gould to retire early 2026; accelerated vesting of 50,810 restricted shares
Mitchell Gould, Executive VP, intends to retire in early 2026.
BRT Apartments furnishes Q1 2025 supplemental financial data; no detail in filing
Filed supplemental financial information for three months ended March 31, 2025 as Exhibit 99.1.
BRT Apartments references Q4/FY2024 supplemental data; no specifics in provided text
Exhibit 99.1 is titled supplemental financial information for three and twelve months ended December 31, 2024.
BRT CFO George Zweier intends to resign within next two years
CFO George Zweier notified company on Dec 23, 2024 of his plan to resign over the next two years.
Exhibit 99.1 is titled 'Supplemental Financial Information for Three Months Ended September 30, 2024' but contains only a header.
BRT obtains $27.4M mortgage on GA property at 5.22% fixed, interest-only through 2031
$27.4M mortgage on Woodland Trails-LaGrange, GA property with 5.22% fixed rate, interest-only until 2031.
Filing under Item 2.02 and 7.01 includes Exhibit 99.1 dated August 9, 2024.
Credit facility maturity extended two years to September 2027; maximum borrowing reduced from $60M to $40M.
BRT Apartments declares $0.25/sh quarterly dividend; return of capital estimate
Quarterly dividend of $0.25 per share payable July 9, 2024 to holders of record June 25, 2024.
BRT Apartments furnishes Q1 2024 supplemental financial data; exhibit text not provided
8-K filed under Items 2.02 and 7.01; Exhibit 99.1 referenced as supplemental financial info for three months ended March 31, 2024.
BRT Apartments Q4 net loss $0.11/sh; FY net income $0.16/sh; AFFO $1.52/sh
Q4 net loss $1.7M ($0.11 diluted); full year net income $3.9M ($0.16 diluted).
BRT Apartments resolves property purchase dispute; recovers $1.3M down payment
On Jan 12, mutual releases executed with seller regarding terminated contract for Richmond multifamily property.
BRT terminates $62.5M multifamily acquisition; seller blocks return of $1.3M deposit
Contract to buy 238-unit multifamily property in Richmond, VA for ~$62.5M was terminated in December 2023.
BRT Apartments declares $0.25 quarterly dividend, authorizes $10M share repurchase through 2025
Quarterly dividend of $0.25 per share, payable January 5, 2024, to holders of record December 20, 2023.
BRT Apartments reports Q3 net loss of $1.5M, FFO $0.31, AFFO $0.41, affirms FY guidance
Net loss of $1.5M ($0.08 loss per diluted share); FFO of $0.31 and AFFO of $0.41 per diluted share.
BRT Apartments amends credit facility: interest rate switches from prime to SOFR, current rate 7.82%
Interest rate changes to 1-month SOFR plus 250 bps, with a 6.0% floor, effective August 22, 2023.
Board increases repurchase authorization by $6.75M to $10M total, expiring December 31, 2025.
BRT Apartments Q2 net income $11.2M ($0.58 EPS), affirms FY guidance
Net income of $11.2M, $0.58 diluted EPS; FFO of $0.28/diluted share, AFFO $0.37.
BRT Apartments extends share repurchase program to Dec 2025; authorizes $10M
Share repurchase program extended to December 31, 2025; $10M authorized including ~$1.99M remaining from prior program.
BRT JV sells Dallas 494-unit property for ~$14.6M gain; proceeds fund Richmond purchase and buyback
50%-owned JV completed sale of 494-unit Dallas property; estimated share of gain $14.6M.
Entered into equity distribution agreements with B. Riley, JMP, Raymond James for ATM offering of up to $40M.
BRT Apartments Q1 net loss $4.1M, AFFO $0.36/share; affirms FY23 guidance
Net loss of $4.1M ($0.21 diluted EPS); FFO $0.28/diluted share, AFFO $0.36/diluted share.
BRT Apartments reports Q4 net loss $4.2M, full-year net income $50M; issues 2023 guidance
Q4 2022 net loss of $4.2M ($0.22 loss per diluted share); full year net income $50M ($2.66 diluted EPS).
BRT Apartments amends bylaws to adopt universal proxy rules, update advance notice provisions
Board approved amendments effective Dec 6, 2022, to comply with SEC universal proxy rules.
BRT Apartments Corp. amends prior 8-K to correct Q3 2022 occupancy and rent data in portfolio table
Correction applies to 'Q3 2022 Avg. Occupancy' and 'Q3 2022 Avg. Rent per Occ. Unit' columns on page 23 of supplemental financial information.
BRT Apartments Q3 net income $7.06M ($0.37/diluted); AFFO $0.38/diluted
Net income of $7.06M ($0.37/diluted) down from $28.11M ($1.54) in Q3 2021 due to lower gains from property sales.
BRT Apartments amends credit facility: borrowing capacity increased to $60M, term extended to 2025
Borrowing capacity raised from $35M to $60M; working capital sublimit increased from $15M to $25M.
BRT Apartments sells SC property for $32.4M; expects $11.4M gain, 20% IRR
Sold Waters Edge (204 units) in Columbia, SC for ~$32.4M; BRT held 80% equity interest.
BRT Apartments Q2 net income $1.91/diluted (up 461.8% YoY); AFFO $0.37 (up 19.4%)
Net income $35.61M ($1.91/diluted) vs $6.03M ($0.34) in Q2 2021 helped by $40.1M equity earnings from JV property sales.
Paid $36.2M for remaining 25% interest in Civic Center I and II, 776 units in Southaven, MS.
BRT completes $91.3M sale of The Vive, buys out partner in Grove at River Place for $7.5M
Sold The Vive for $91.3M; expects $21.5M gain in Q2 2022 after $745K prepayment charge.
BRT Apartments 80%-owned JV sells 204-unit SC property for $32.4M; expects $11.3M gain
Sale of Waters Edge at Harbison (Columbia, SC, 204 units) for ~$32.4M.
BRT Apartments sells Retreat at Cinco Ranch for $68.3M, expects $16.5M gain
Sold Retreat at Cinco Ranch (Katy, TX) for $68.3M; BRT held 75% interest in unconsolidated joint venture.
Completed purchases of 20% interests in three apartment properties (570 units) for $21.8M; properties now wholly owned.
BRT Apartments Q1 net income $11.5M ($0.62/diluted) vs loss year ago; AFFO up 30% to $0.39/share
Net income of $11.5M ($0.62/diluted) vs net loss of $3.77M ($0.22 loss) in Q1 2021.
BRT Apartments completes $12.8M JV buyout, agreements for $89.3M for nine more properties
Completed $12.8M buyout of JV interests in 2 properties (462 units); adds $56.7M mortgage debt at 4.04% avg rate.
BRT files $40M ATM equity offering with B. Riley, JMP, Raymond James; cancels prior deals
Entered new at-the-market agreements for up to $40M in common stock (aggregate sales price).
BRT Apartments reports Q4 net loss $0.08, FFO $0.35; FY net income $1.62, FFO $0.97
Q4 2021 net loss $1.25M ($0.08/diluted) vs. loss $3.30M ($0.19) in Q4 2020.
Mitchell Gould, our Executive Vice President, who, as previously reported, had reduced the time he was spending on our activities in 2025, has advised that he intends to retire in early 2026.
Effective as of January 10, 2022, our board of directors increased to eleven the number of directors on the board and elected Carol Cicero to fill the newly created Class III director position.
Effective as of January 10, 2022, Ryan Baltimore, was appointed by our board of directors to serve as our Chief Operating Officer.
Max materiality 0.85 · Median 0.50 · Most common event other_material