BRT Apartments Corp. reported a net loss attributable to common stockholders of $3.2 million, or $0.19 per diluted share, for the second quarter ended June 30, 2026, compared to a $2.6 million loss in the prior year period. Funds from Operations (FFO) and Adjusted FFO remained stable at $0.29 and $0.36 per diluted share, respectively. The company declared a quarterly dividend of $0.25 per share for Q2 2026. During the quarter, BRT repurchased 202,828 shares at a weighted average price of $14.28. In July 2026, the company refinanced a maturing mortgage on Civic Center 2 in Southaven, MS, increasing debt from $27.8 million to $47.9 million with a new interest rate of 5.38%. BRT also announced plans to acquire Ranch Lake Apartments in Bradenton, FL, for approximately $80 million, including the assumption of a $45.7 million HUD-insured mortgage, and anticipates acquiring a Houston, TX property via joint venture for $33 million. The company operates as a real estate investment trust focused on multifamily residential properties.

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.