BRT Apartments Q2 FY26 net loss widens to $3.22 million; revenue rises 1.1% to $24.47 million

Reuters2026/08/10 21:16

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BRT Apartments posted a GAAP net loss attributable to common stockholders of $3.22 million for the quarter ended June 30, 2026.
Revenue rose 1.1% to $24.47 million, while interest expense increased 5% to $5.99 million.
NAREIT funds from operations attributable to common stockholders edged up to $5.51 million, while adjusted funds from operations rose to $6.85 million.
Liquidity totaled about $53 million at Aug. 3, including $13 million cash and $40 million available under its credit facility.
It agreed to buy Ranch Lake Apartments in Bradenton, Florida for about $80 million, including assumption of a $45.7 million HUD-insured mortgage, with closing expected in Q1 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BRT Apartments Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000014846-26-000037), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BRT Apartments Q2 FY26 net loss widens to $3.22 million; revenue rises 1.1% to $24.47 million

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