BRT Apartments Corp. Declares Third Quarter 2025 Dividend and Announces Management Appointments

Rhea-AI Summary

BRT Apartments Corp. (NYSE: BRT), a real estate investment trust specializing in multi-family properties, has announced a quarterly dividend of $0.25 per share, payable on October 6, 2025, to stockholders of record as of September 24, 2025.

The company also announced key management changes with Matthew Gibbons appointed as chief accounting officer effective immediately, and Isaac Kalish set to become chief financial officer upon the retirement of current CFO George Zweier in Q1 2026.

BRT currently owns or has interests in 30 multi-family properties comprising 8,161 units across 11 states, along with preferred equity investments in two multi-family properties.

Positive

• Consistent dividend payment demonstrates financial stability
• Smooth management transition with experienced internal candidates
• Strong portfolio with 30 multi-family properties across 11 states
• Both new appointees have significant company experience, with Kalish associated since 2004

Negative

• Upcoming CFO transition period could create temporary operational adjustments

GREAT NECK, New York, Sept. 11, 2025 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable October 6, 2025, to stockholders of record at the close of business on September 24, 2025.

Additionally, the Company announces the appointment of Matthew Gibbons and Isaac Kalish as chief accounting officer and chief financial officer, respectively. Mr. Gibbons' appointment is effective immediately, and Mr. Kalish’s appointment is effective upon the retirement of BRT’s current Chief Financial Officer, George Zweier, which the Company anticipates will take place in the first quarter of 2026. Matthew Gibbons and Isaac Kalish are both certified public accountants and have been associated with BRT since 2025 and 2004, respectively.

BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of September 11, 2025, BRT owns or has interests in 30 multi-family properties with 8,161 units in 11 states and has preferred equity investments in two multi-family properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com.

Contact:

BRT APARTMENTS CORP.
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone: (516) 466-3100
Email: investors@BRTapartments.com 
www.BRTapartments.com

FAQ

What is BRT Apartments' dividend payment for Q3 2025?

BRT Apartments (NYSE: BRT) declared a quarterly dividend of $0.25 per share, payable on October 6, 2025, to stockholders of record as of September 24, 2025.

Who are the new management appointments at BRT Apartments?

BRT Apartments appointed Matthew Gibbons as chief accounting officer (effective immediately) and Isaac Kalish as chief financial officer (effective Q1 2026).

When will BRT Apartments' current CFO George Zweier retire?

George Zweier, BRT Apartments' current CFO, is anticipated to retire in the first quarter of 2026.

How many properties does BRT Apartments own in 2025?

As of September 11, 2025, BRT owns or has interests in 30 multi-family properties with 8,161 units across 11 states, plus preferred equity investments in two multi-family properties.

When will BRT's Q3 2025 dividend be paid?

BRT's Q3 2025 dividend will be paid on October 6, 2025 to stockholders of record as of September 24, 2025.