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BRT Apartments Completes $71.9M Mortgage Refinancing

Story Highlights
  • BRT refinanced $42.7 million in maturing mortgages, securing $71.9 million in new debt with longer terms.
  • The refinancing strengthens BRT’s financial position to pursue growth-focused opportunities in Sunbelt markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BRT Apartments Completes $71.9M Mortgage Refinancing

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BRT Apartments ( (BRT) ) has issued an announcement.

On December 17, 2025, BRT Apartments Corp. completed the refinancing of three maturing mortgages totaling $42.7 million, replacing them with new mortgage debt amounting to $71.9 million. This refinancing extends the average term to maturity to nine years, increases the weighted average interest rate to 4.95%, and provides financial flexibility. With $17.5 million of the proceeds used to pay down its credit facility, BRT aims to leverage its improved financial position for future investments and value-enhancing opportunities, particularly in Sunbelt markets, aligning with its strategic focus on creating long-term shareholder growth.

The most recent analyst rating on (BRT) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on BRT Apartments stock, see the BRT Stock Forecast page.

Spark’s Take on BRT Stock

According to Spark, TipRanks’ AI Analyst, BRT is a Neutral.

BRT Apartments’ overall stock score is primarily influenced by its financial performance challenges, including declining revenue and high leverage. Technical analysis shows neutral to slightly negative signals, while valuation concerns are evident due to a negative P/E ratio. The high dividend yield provides some appeal, but risks highlighted in recent reports add caution.

To see Spark’s full report on BRT stock, click here.

More about BRT Apartments

BRT Apartments Corp. is a real estate investment trust specializing in the ownership, operation, and investment in multi-family properties. The company has interests in 31 multi-family properties with a total of 8,311 units across 11 states, as well as preferred equity investments in two additional properties. It focuses on opportunities in Sunbelt markets to drive long-term shareholder value.

Average Trading Volume: 64,090

Technical Sentiment Signal: Sell

Current Market Cap: $285.3M

For detailed information about BRT stock, go to TipRanks’ Stock Analysis page.

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