BRT Apartments Corp. (formerly known as BRT Realty Trust) is a REIT trading on the New York Stock Exchange (NYSE: BRT) that is focused on investing directly and through joint ventures acquiring existing multifamily properties, and to a limited extent ground up development of multifamily apartments.
Our multi-family property activities commenced in 2012 and involve our ownership and operation, primarily through joint ventures in which we typically have an 80% equity interest of such properties. Many of our properties are located in the southeast, but we will consider acquisition opportunities throughout the United States.
BRT and affiliates have been successfully serving our clients’ needs for over 35 years.
Prior to 2012 BRT and affiliated entities were in the business of originating and holding for investment short term commercial real estate mortgage loans. We have discontinued this service and are concentrating primarily on multi-family property activities.