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BRT Apartments Corp. Secures $40 Million Credit Facility Amendment

PUBLIC · BRTSep 17, 2026•1 day ago

Amount Raised

$40 Million

Round Type

Debt Financing

New YorkReal EstateReal Estate InvestmentHospitality

Investors

Vnb New York, Llc

Description

On September 17, 2026, BRT Apartments Corp. amended its existing loan agreement with VNB New York, LLC. This amendment reduced the interest rate and provided BRT the ability to borrow an additional $40 million under the Credit Facility. The adjustments include a reduction in both the minimum interest rate and the adjustable cap rate on secured assets

Company Information

Company

BRT Apartments

Location

New York, United States

About

BRT Apartments Corp. is a real estate investment trust. The company owns and operates multi-family properties, focusing on generating stockholder value. With interests in 31 properties housing over 8,300 units, BRT is actively expanding in growing southeastern markets.

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