BRT Apartments Corp. Files 8-K Report
Ticker: BRT · Form: 8-K · Filed: Aug 22, 2024 · CIK: 14846
Sentiment: neutral
Topics: 8-K, disclosure, real-estate
TL;DR
BRT Apartments Corp. filed an 8-K for an 'Other Event' on Aug 22. Details TBD.
AI Summary
On August 22, 2024, BRT Apartments Corp. filed an 8-K report. The filing indicates that the company is providing information regarding an event that occurred on August 22, 2024. Specific details of the event are not elaborated upon in the provided text, but it is classified under 'Other Events'.
Why It Matters
This filing signals a material event has occurred for BRT Apartments Corp., requiring public disclosure. Investors should look for subsequent filings or press releases for details.
Risk Assessment
Risk Level: low — The filing itself is a standard disclosure and does not contain negative information, but the lack of detail on the 'Other Event' warrants monitoring.
Key Numbers
- 001-07172 — Commission file No. (SEC file number for BRT Apartments Corp.)
- 13-2755856 — IRS Employer I.D. No. (Tax identification number for BRT Apartments Corp.)
Key Players & Entities
- BRT Apartments Corp. (company) — Registrant
- August 22, 2024 (date) — Date of Report
- Maryland (jurisdiction) — State of incorporation
- New York (state) — Principal executive offices location
- 60 Cutter Mill Road, Suite 303, Great Neck, New York 11021 (address) — Principal executive offices address
FAQ
What specific event is BRT Apartments Corp. reporting under 'Other Events'?
The provided text of the 8-K filing does not specify the details of the 'Other Event' that occurred on August 22, 2024.
When was this 8-K report filed?
The 8-K report was filed as of August 22, 2024.
What is the principal executive office address for BRT Apartments Corp.?
The principal executive offices are located at 60 Cutter Mill Road, Suite 303, Great Neck, New York 11021.
What is the state of incorporation for BRT Apartments Corp.?
BRT Apartments Corp. is incorporated in Maryland.
What is the SIC code for BRT Apartments Corp.?
The Standard Industrial Classification (SIC) code for BRT Apartments Corp. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 488 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-08-22 16:21:12
Key Financial Figures
- $27.4 million — ion On August 22, 2024, we obtained a $27.4 million mortgage on our Woodland Trails- LaGran
Filing Documents
- brt-20240822.htm (8-K) — 22KB
- 0000014846-24-000055.txt ( ) — 145KB
- brt-20240822.xsd (EX-101.SCH) — 2KB
- brt-20240822_lab.xml (EX-101.LAB) — 22KB
- brt-20240822_pre.xml (EX-101.PRE) — 13KB
- brt-20240822_htm.xml (XML) — 3KB
01 Other Information
Item 8.01 Other Information On August 22, 2024, we obtained a $27.4 million mortgage on our Woodland Trails- LaGrange, GA property (the "Financing"). Such debt bears a fixed interest rate of 5.22% and is interest only until maturity in 2031. As noted in our Quarterly Report on Form 10-Q for the period ended June 30, 2024, we anticipate using the proceeds from the Financing to invest in multi-family properties (including preferred equity investments) and for general corporate purposes (including the repurchase of our common stock). Such proceeds will be invested initially in short-term US Treasury securities until they are applied. Exhibit No. Description 101 Cover Page Interactive Data File - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRT APARTMENTS CORP. August 22, 2024 /s/ George Zweier George Zweier, Vice President and Chief Financial Officer