BRT Apartments Corp. Reports Solid Third Quarter Results

Overview of BRT Apartments Corp.

BRT Apartments Corp. (NYSE:BRT) is a prominent real estate investment trust (REIT) that specializes in owning and managing a diverse portfolio of multi-family properties across the United States. As an established player in the real estate sector, BRT focuses not only on property operations but also on strategic partnerships in joint ventures related to multi-family housing.

Financial Performance for the Third Quarter

Recently, BRT Apartments Corp. announced that it has filed its quarterly report on Form 10-Q for the quarter that ended on September 30, 2024. This filing was made with the Securities and Exchange Commission, ensuring that all financial statements are transparent and accessible to investors and the public. The report reveals significant insights into the company's financial health and operational successes during this quarter.

Key Highlights

As of the end of September, BRT owned or had interests in a total of 29 multi-family properties, comprising 7,947 rental units spread across 11 states. This vast portfolio demonstrates BRT's commitment to growing its presence in the multi-family housing market and meeting the needs of tenants across various regions.

Robust Property Portfolio

The company’s multi-family properties are strategically located to serve a diverse clientele, making BRT a reliable choice for renters looking for quality accommodations. Each property is managed with the intention of enhancing tenant satisfaction and ensuring high occupancy rates, which is crucial for the continued success of the business model.

Investment Opportunities

BRT Apartments Corp. continues to seek out opportunities for expansion and enhancement of its properties. By focusing on the needs of its tenants and maintaining positive relationships within the communities it serves, the company aims to sustain its strong performance and attract further investment. The growth of BRT's portfolio not only adds value to the company but also contributes positively to the housing market.

Accessing Financial Information

Investors looking for more detailed financial information can find the quarterly reports and supplemental financial data on the Company’s investor relations webpage under the section titled “Financials – Quarterly Results.” This level of transparency is a key aspect of BRT's operation strategy, fostering trust and confidence among shareholders.

Contact Information for BRT Apartments Corp.

BRT Apartments Corp. is located at 60 Cutter Mill Road, Suite 303, Great Neck, New York 11021. For any inquiries, stakeholders can reach out via telephone at (516) 466-3100. Additionally, for inquiries related to investments, investors can contact the company through email at investors@BRTapartments.com. More information is also available on their official website at www.BRTapartments.com.

Frequently Asked Questions

What is the focus of BRT Apartments Corp.?

BRT Apartments Corp. primarily focuses on owning, operating, and managing multi-family properties across the United States.

When was the financial report filed?

The financial report for the third quarter ended September 30, 2024, was recently filed with the SEC.

How many properties does BRT own?

As of the last report, BRT owns or has interests in 29 multi-family properties totaling 7,947 units.

Where can I find BRT's financial statements?

You can access BRT's financial statements on their investor relations webpage, specifically under “Financials – Quarterly Results.”

How can I contact BRT Apartments Corp.?

You can contact BRT Apartments Corp. via telephone at (516) 466-3100 or email at investors@BRTapartments.com.

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