Mergers & Acquisitions ·
BRT Apartments Corp. entered into an agreement to acquire The Waterford on Piedmont, a 153-unit high-rise multifamily…
BRTBRT Apartments Corp.
BRT Apartments Corp. entered into an agreement to acquire The Waterford on Piedmont, a 153-unit high-rise multifamily property in Atlanta, Georgia, for approximately $35 million. The company plans to fund the transaction through an approximate $22 million mortgage and $14 million from property refinancings. The transaction is expected to close in the quarter ending September 30, 2026. BRT Apartments Corp. is a real estate investment company focused on multifamily residential properties.