BRT Apartments Corp. Form 8-K Filing Summary
2026-09-17SEC Filing 8-K (0000014846-26-000042)
This filing details the fourth amendment to BRT Apartments Corp.'s Amended and Restated Loan Agreement with VNB New York, LLC. Key changes include a reduction in the interest rate on the facility to three-month term SOFR plus 210 basis points (from 250 basis points), a lower minimum interest rate of 5% (from 6%), and a decreased adjustable cap rate to 6.25% (from 6.5%). As of September 17, 2026, the company can borrow $40 million under this facility. Additionally, the company
Ticker mentioned:BRT
Source:Original SEC Document β