BRT Apartments Corp (N:BRT)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 60 Cuttermill Rd Ste 303
GREAT NECK NY 11021-3104
Tel: N/A
Website: https://brtapartments.com
IR: See website
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Key People
Israel Rosenzweig
Chairman of the Board
Steven Rosenzweig
Senior Vice President - Legal
Jeffrey A. Gould
President, Chief Executive Officer, Director
George E. Zweier
Chief Financial Officer, Vice President
Ryan Baltimore
Chief Operating Officer
Mitchell K. Gould
Executive Vice President
David W. Kalish
Senior Vice President - Finance
Mark H. Lundy
Senior Vice President, Counsel
Isaac Kalish
Senior Vice President, Treasurer
Matthew J. Gould
Senior Vice President, Director
   
Business Overview
BRT Apartments Corp. is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multifamily properties. The Company owns or has interests in about 28 multifamily properties with 7,707 units in 11 states. Generally, its multifamily properties are garden apartments, mid-rise or town home-style properties that provide residents with amenities, such as a clubhouse, swimming pool, laundry facilities and cable television access. In addition to its multifamily properties, the Company owns assets, and in particular, real estate assets. The Company's properties include Silvana Oaks Apartments, Avondale Station, Brixworth at Bridge Street, Newbridge Commons, Crossings of Bellevue, Avalon Apartments, Parkway Grande, Woodland Trails, Grove at River Place, Kilburn Crossing, The Woodland Apartments, The Pointe at Lenox Park, Mercer Crossing, and Village at Lakeside, among others.
Financial Overview
For the three months ended 31 March 2024, BRT Apartments Corp revenues increased 2% to $23.4M. Net loss applicable to common stockholders decreased 27% to $3M. Revenues reflect Interest and other income increase from $0K to $105K. Lower net loss reflects Depreciation and amortization decrease of 20% to $6.4M (expense). Dividend per share remained flat at $0.25.
Employees: 10 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $766.55M as of Mar 31, 2024
Annual revenue (TTM): $94.08M as of Mar 31, 2024
EBITDA (TTM): $36.59M as of Mar 31, 2024
Net annual income (TTM): $4.97M as of Mar 31, 2024
Free cash flow (TTM): -$3.05M as of Mar 31, 2024
Net Debt Last Fiscal Year: $437.73M as of Mar 31, 2024
Shares outstanding: 18,640,528 as of May 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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