BRT Apartments Q3 net loss widens to $3.9 million; FFO falls to $0.26 a share
BRT Apartments reported a wider net loss for the third quarter ended September 30, 2026, with a loss of $0.23 per diluted share versus $0.14 a year earlier. Funds from operations (FFO) and adjusted FFO (AFFO) per diluted share also declined, to $0.26 and $0.31 from $0.28 and $0.36, and combined portfolio net operating income slipped to $15.1 million from $15.3 million. The company declared a $0.25 per share dividend for the quarter.
Key points
- Net loss attributable to common stockholders was $3.955 million, or $0.23 per diluted share, for Q3 2026, versus $2.707 million, or $0.14, in Q3 2025.
- FFO per diluted share was $0.26, down from $0.28; AFFO per diluted share was $0.31, down from $0.36.
- Combined portfolio NOI was $15.1 million for Q3 2026 compared with $15.3 million a year earlier.
- A $0.25 per share dividend was declared for the third quarter of 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.