BRT Apartments Business Summary

BRT Apartments Corp. (NYSE: BRT) is a publicly traded equity real estate investment trust (REIT) that generates the vast majority of its revenue—approximately 98%—through rental income and ancillary fees from a diversified portfolio of multi-family residential properties. The company operates through two primary business segments: the direct ownership and operation of wholly-owned garden-style apartment communities and strategic joint venture interests where it often provides preferred equity. BRT focuses on mid-market, value-add opportunities in high-growth secondary and tertiary markets across the Southeastern United States, including Florida, Georgia, and the Carolinas. Within the competitive landscape, BRT is a specialized small-cap player positioned alongside peers such as NexPoint Residential Trust (NXRT), Centerspace (CSR), and Elme Communities (ELME), distinguishing itself through a disciplined acquisition strategy and a focus on operational efficiencies in regional hubs with strong demographic tailwinds. The company is led by a seasoned executive team with deep roots in the real estate sector, notably the Gould family, who maintain significant insider ownership. Jeffrey A. Gould serves as President and Chief Executive Officer, bringing decades of experience from his roles at Gould Investors L.P. and One Liberty Properties. Following the retirement of long-time executive George Zweier in February 2026, Isaac Kalish—a veteran of the firm since 2004—assumed the role of Chief Financial Officer, supported by Matthew Gibbons as Chief Accounting Officer. The leadership structure is further bolstered by Israel Rosenzweig as Chairman and Fredric H. Gould as Vice Chairman, reflecting a multi-generational pedigree in property management and capital allocation. BRT is externally managed by BRT Advisors, LLC, leveraging a lean corporate structure of approximately eight employees to oversee a portfolio of over 8,000 units.