BRT APARTMENTS CORP (BRT)
Real Estate · Multifamily residential REIT · NYSE
A multifamily apartment REIT focused on Southeast and Texas markets, generating revenue from wholly-owned and joint-venture apartment properties but facing margin pressure from rising costs and regional market concentration.
What BRT APARTMENTS CORP does
BRT Apartments Corp. is a real estate investment trust (REIT) that owns and operates a diversified portfolio of multifamily apartment properties, primarily concentrated in the Southeast and Texas markets. The company invests in both wholly-owned properties and unconsolidated joint ventures in the multifamily rental sector, generating revenue through rental income and ancillary property operations. BRT operates properties ranging from newly constructed lease-up assets to stabilized income-producing communities, and also maintains loan receivables alongside its real estate holdings.
Themes: ["Multifamily residential real estate","Apartment REIT","Southeast and Texas markets","Joint venture capital deployment"]
Fundamentals
- Price$14.85 as of 2026-07-09 close
- Market cap$280M as of 2026-07-10
- 1-year return-6.3% as of 2026-07-09 close
- Net margin-12.6% as of 2026-07-10
- Gross margin+54.9% as of 2026-07-10
- ROE-6.8% as of 2026-07-10
- Debt / equity3.00 as of 2026-07-10
- Revenue growth (YoY)+1.2% as of 2026-07-10
- Revenue CAGR (3y)+11.2% SEC XBRL
- Beta0.87 as of 2026-07-10
Dividend: yield +6.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Geographic concentration risk: ~75% of wholly-owned revenues and 59% of joint venture revenues concentrated in Southeast and Texas markets, exposing the company to regional economic downturns, pandemics, and natural disasters","Rising operating expense pressure: Real estate taxes, utilities, and insurance premiums are significant and subject to uncontrollable increases through inflation and reassessment, which cannot always be offset by rental rate increases","Competitive market pressures and economic sensitivity: Occupancy levels, rental rates, and property values are highly sensitive to economic conditions, inflation, unemployment, and supply-demand imbalances in multifamily markets; larger competitors with greater resources have significant advantages"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.