BRT Apartments Corp. Reports Q2 2025 Earnings

Brt Apartments Corp. ( (BRT) ) has released its Q2 earnings. Here is a breakdown of the information Brt Apartments Corp. presented to its investors.

BRT Apartments Corp. is a Maryland-based real estate investment trust (REIT) that owns, operates, and develops multi-family properties, primarily located in the Southeast United States and Texas.

In its latest earnings report for the quarter ended June 30, 2025, BRT Apartments Corp. reported a slight decrease in total revenues to $24.2 million compared to $23.9 million in the same period last year. The company also recorded a net loss of $2.6 million, slightly higher than the $2.3 million loss reported in the previous year.

Key financial metrics from the report include rental and other revenue from real estate properties totaling $23.7 million, and loan interest and other income increasing to $468,000. Total expenses rose to $27.1 million, driven by increases in real estate operating expenses and interest expenses. The company also reported a decrease in cash and cash equivalents to $23.6 million from $27.9 million at the end of 2024.

Despite the losses, BRT Apartments Corp. continues to manage its portfolio actively, with investments in unconsolidated joint ventures and a focus on maintaining its REIT status. The company repurchased 142,080 shares of common stock during the first half of 2025, reflecting its commitment to shareholder value.

Looking ahead, BRT Apartments Corp. remains focused on optimizing its property portfolio and exploring growth opportunities in its core markets. The management is cautiously optimistic about the future, with a strategic emphasis on maintaining financial stability and enhancing shareholder returns.