BRT

BRT Apartments Corp. is a real estate investment trust that owns, operates, and develops multifamily properties primarily in the southeastern United States and Texas. The company focuses on acquiring and managing quality apartment communities in growing suburban markets with favorable demographics, job growth, and supply-demand fundamentals. BRT operates as an opportunistic investor, targeting value-add acquisitions, ground-up development, and joint venture partnerships with experienced local operators. Founded in 1972 and headquartered in Great Neck, New York, BRT has shifted strategy over the years from diversified real estate investments to focus exclusively on multifamily properties. The company operates with moderate leverage and emphasizes risk-adjusted returns, property-level cash flow, and long-term value creation. BRT benefits from Sunbelt population migration trends, strong rental demand, and increasing apartment construction costs supporting valuations. The REIT faces competition from larger apartment REITs and private capital, along with challenges from interest rates, development execution, and market-specific supply dynamics. BRT continues to focus on disciplined capital allocation, active asset management, and selective acquisitions and developments to drive shareholder returns.