BRT Apartments Corp.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 13, 2026
BRT$12.76-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
IV - Mortgage loans
Index
SCHEDULE IV—MORTGAGE LOANS ON REAL ESTATE
| Description · Interest Rate · Final Maturity Date · Periodic Payment Terms · Prior Liens · Face Amount of Mortgages · Carrying Value of Mortgages · Principal Amount of Loans subject to delinquent principal or interest | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Multi-Family, Wilmington, NC | 6.0% | November 2031 | Current Return monthly; principal at maturity | $30,191 | $7,000 | $6,775 | $— | |||
| Multi-Family, Kennesaw, GA | 6.5% | June 2029 | Current Return monthly; principal at maturity | 21,123 | 11,250 | 10,948 | — | |||
| Total | $18,250 | $17,723 | $— | |||||||
See notes 1, 5 and 6 to the consolidated financial statements.
Index
SCHEDULE IV—MORTGAGE LOANS ON REAL ESTATE
Notes to the schedule:
(a) The following summary reconciles mortgage loans at their carrying values:
| 2025 | 2024 | |
|---|---|---|
| Balance at beginning of year | $17,667 | $— |
| New loan receivables | — | 18,250 |
| Deferred loan fee income amortization | 61 | 9 |
| 17,728 | 18,259 | |
| Deductions: | ||
| Deferred fees | — | 322 |
| Provision for credit loss | 5 | 270 |
| 5 | 592 | |
| Balance at end of year | $17,723 | $17,667 |
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