BRT Apartments Corp., a Maryland corporation, is an internally managed real estate investment trust that is primarily focused on the ownership, operation and development of multi-family properties.

Our multi-family property activities commenced in 2012 and involve our ownership and operation, primarily through joint ventures. Many of our properties are located in the Southeast United States and Texas, but we will consider acquisition opportunities throughout the United States.

 

Investments

BRT seeks to invest with experienced partner operators who:

  • Have a significant track record and expertise in the specific market where the asset is located
  • Are capable of investing at least 20% of the equity required for the project (and can provide additional equity if needed)
  • Have a relationship with the agency lenders and are able to (i) effectively navigate the agency loan application process, and (ii) sign on any necessary guarantees
  • Have management capabilities or a good association with high quality third-party management companies

BRT seeks to invest in properties and acquisitions which are:

  • Stabilized, undermanaged, or "value add" multi-family opportunities which would benefit from a capital improvement program and better hands-on management
  • Well located in areas showing positive indications of growth and which contain catalysts that promote employment and housing demand (e.g. universities, new commercial developments, airports, hospitals, and business centers)
  • In need of equity investment ranging from $2 million to $20 million