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BRT Apartments Corp. - $BRT STOCK NEWS

Welcome to our dedicated page for BRT Apartments news (Ticker: $BRT), a resource for investors and traders seeking the latest updates and insights on BRT Apartments stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BRT Apartments's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BRT Apartments's position in the market.

Rhea-AI Summary
BRT Apartments Corp declares $0.25 quarterly dividend per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
dividends earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
buyback
-
Rhea-AI Summary
Rainbow Realty Group and MJ Real Estate Investment Trust have acquired a 21,600 square foot industrial building in Sacramento for $4.0 million. The tenant has entered into a 15-year lease and will consolidate its operations in the property. Rainbow has also closed a $5.85 million bank loan secured by a portfolio of retail properties in Missouri.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
Rhea-AI Summary
BRT Apartments Corp. (NYSE: BRT) reported net income of $11.2 million, FFO of $0.28 per diluted share, and AFFO of $0.37 per diluted share for the second quarter of 2023. The company affirmed its full year 2023 guidance and reported a 1.4% increase in Combined Portfolio NOI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.56%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
buyback
Rhea-AI Summary
BRT Apartments Corp. announces the completion of the sale of Chatham Court and Reflections in Dallas, generating net proceeds of $19.4 million. The company plans to use a portion of the proceeds for stock repurchases and to fund the acquisition of The Winterfield at Midlothian.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
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none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.99%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
BRT Apartments Corp.

NYSE:BRT

BRT Rankings

BRT Stock Data

321.74M
12.45M
21.01%
48.92%
0.72%
Trusts, Estates, and Agency Accounts
Finance and Insurance
Link
United States of America
GREAT NECK

About BRT

brt apartments corp. is a real estate investment trust (reit). the corporation is focused on the ownership, operation and development of multi-family properties. these activities are primarily conducted through joint ventures in which the corporation has an equity interest in the entity owning the property.