BRT Realty Trust Sells Two Multi-Family Properties for $37.3 Million and Acquires a Multi-Family Property for $17.0 Million
Marketwire Canada - Wed Jun 08, 3:15PM CDT
GREAT NECK, NY--(Marketwired - Jun 8, 2016) - BRT REALTY TRUST (NYSE: BRT) today announced that from late May through early June 2016, it sold two multi-family properties with an aggregate of 451 units for an aggregate of $37.3 million, and acquired a multi-family property for $17.0 million, including $12.9 million of mortgage debt.
BRT: 7.04 (-0.04)
BRT Realty Trust Acquires Multi-Family Property for $37.3 Million
Marketwired - Thu May 12, 3:30PM CDT
GREAT NECK, NY--(Marketwired - May 12, 2016) - BRT REALTY TRUST (NYSE: BRT) today announced that on May 10, 2016, it acquired, through a joint venture in which it has a 50% interest, a 494 unit multi-family property located in Dallas, TX for $37.3 million, including $27.9 million of mortgage debt obtained in connection with the acquisition. The mortgage debt has an annual interest rate of 4.01%, matures in May 2028, and is interest only until June 2018.
BRT: 7.04 (-0.04)
BRT reports 2Q results
Automated Insights - Tue May 10, 4:58PM CDT
GREAT NECK, N.Y. (AP) _ BRT Realty Trust (BRT) on Tuesday reported a key measure of profitability in its fiscal second quarter.
BRT: 7.04 (-0.04)
BRT REALTY TRUST Reports Second Quarter Results for March 31, 2016
Marketwire Canada - Tue May 10, 3:59PM CDT
FFO per Share Increases by 25% to $0.15 per Diluted Share; Net Income Increases to $1.74 per Diluted Share; Acquires Multi-Family Property for $35.2 Million in May 2016
BRT: 7.04 (-0.04)
Bravada Closes Final Tranche of Oversubscribed Equity Financing; Drilling Program Completed at Baxter Property
Marketwired - Mon Apr 18, 7:31AM CDT
Bravada Gold Corporation (the "Company" or "Bravada"
BRT: 7.04 (-0.04), BVA.VN: 0.340 (-0.010)
BRT Realty Trust Sells Multi-Family Property for $38.5 Million
Marketwired - Wed Apr 06, 3:15PM CDT
BRT REALTY TRUST (NYSE: BRT) today announced that it sold a 300 unit multi-family property in Pooler, Georgia for $38.5 million. BRT anticipates that it will recognize its estimated $4.1 million share of the net gain on this sale (of a total gain of $5.5 million), in the quarter ending June 30, 2016.
BRT: 7.04 (-0.04)
Bravada Closed First Tranche of Equity Financing
Marketwired - Mon Apr 04, 9:28AM CDT
Bravada Gold Corporation (the "Company" or "Bravada"
BRT: 7.04 (-0.04), BVA.VN: 0.340 (-0.010)
BRT Realty Trust Sells Multi-Family Property for $64 Million
Marketwired - Wed Mar 16, 3:30PM CDT
BRT REALTY TRUST (NYSE: BRT) today announced that on March 15, 2016, it sold a 450 unit multi-family property in Kennesaw, Georgia for $64 million. BRT anticipates that it will recognize its $6.7 million share of the net gain on this sale in the quarter ending March 31, 2016.
BRT: 7.04 (-0.04)
BRT Realty Trust Announces $5 Million Share Repurchase Program
Marketwired - Mon Mar 14, 3:15PM CDT
BRT REALTY TRUST (NYSE: BRT) today announced that its Board of Trustees had approved a $5 million share repurchase program. This program is intended to be implemented through purchases made from time to time in either the open market or through private transactions; the program is authorized through September 30, 2017. As of March 14, 2016, BRT had approximately 14 million shares outstanding.
BRT: 7.04 (-0.04)
BRT Realty Trust Acquires Multi-Family Property for $35 Million
Marketwired - Mon Mar 07, 3:15PM CST
BRT REALTY TRUST (NYSE: BRT) today announced that on February 29, 2016, acquired through a joint venture in which it has a 60% interest, a 392 unit multi-family property located in Southaven, Mississippi for $35 million, inclusive of $28 million of mortgage debt obtained in connection with the acquisition. The mortgage matures in 2026, is interest only until 2021, and bears an interest rate of 4.24%.
BRT: 7.04 (-0.04)
BRT Realty Trust Reports First Quarter Results for December 31, 2015
Marketwired - Tue Feb 09, 3:15PM CST
BRT REALTY TRUST (NYSE: BRT) today announced operating results for the three months ended December 31, 2015.
BRT: 7.04 (-0.04)
BRT Realty Trust Acquires Two Multi-Family Properties for $54.8 Million
Marketwired - Thu Feb 04, 3:30PM CST
BRT Realty Trust (NYSE: BRT) today announced that in late January and early February 2016, it acquired two multi-family properties with an aggregate of 508 units for an aggregate purchase price of $54.8 million, including $42 million of debt obtained in connection with these acquisitions.
BRT: 7.04 (-0.04)
Downtrend Call Working As BRT Realty Trust Stock Falls 17.1% (BRT)
Comtex SmarTrend(R) - Tue Jan 26, 1:46PM CST
SmarTrend identified a Downtrend for BRT Realty Trust (NYSE:BRT) on December 8th, 2015 at $6.53. In approximately 2 months, BRT Realty Trust has returned 17.14% as of today's recent price of $5.41.
BRT: 7.04 (-0.04)