BRT Apartments trims borrowing costs and replenishes BRT Apartments stock buyback

BRT Apartments Corp. (ISIN US0556453035) reduced the cost of its revolving credit facility and replenished its share repurchase authorization to USD 10.0 million on September 17, 2026. BRT Apartments stock was last quoted at EUR 11.73 in Frankfurt on September 28, 2026, below the EUR 12.10 ask shown in the same quote.

Borrowing terms improve

According to StockTitan on September 17, 2026, BRT cut the credit facility margin to three-month term SOFR plus 2.10 percent from plus 2.50 percent. The minimum interest rate floor fell to 5.00 percent from 6.00 percent, while the collateral cap rate declined to 6.25 percent from 6.50 percent.

The amended facility left BRT with USD 40.0 million of available borrowing capacity as of September 17, 2026. For investors, the immediate value of the filing is lower contractual borrowing spreads, but the company still operates with substantial real estate financing exposure.

Dividend and buyback add support

MarketScreener reported on September 17, 2026 that BRT declared a USD 0.25 quarterly dividend payable October 6, 2026, to shareholders of record on September 28, 2026. The same release said the board replenished the repurchase program to USD 10.0 million.

BRT's second-quarter 2026 revenue was USD 24.47 million, while net income attributable to common shareholders was a loss of USD 3.22 million, or USD 0.19 per diluted share, according to MarketBeat. Revenue was USD 24.61 million in the first quarter of 2026, so the second-quarter figure declined by USD 0.13 million sequentially.

NYSE quote stays above yearly low

BRT's primary listing is on the NYSE. The stock was last at USD 13.64 on October 6, 2026, versus a USD 13.29 prior close, and its 52-week range was USD 13.18 to USD 15.63. The USD 256.7 million market capitalization and the position only USD 0.46 above the yearly low underline the small-cap profile of the residential REIT.

Frankfurt quote remains dated

The reference quote for German investors is the substitute Frankfurt price: BRT Apartments was last at EUR 11.73 on September 28, 2026 at 9:55 p.m. CEST. The credit amendment, dividend and buyback therefore provide the clearest dated operating context, while the second-quarter loss remains the main counterweight.

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