Brt Apartments (NYSE:BRT), an owner and operator of multi-family rental properties in high-growth U.S. regions, released its financial results on August 7, 2025. The company outperformed analyst estimates, reporting adjusted funds from operations (AFFO, non-GAAP) per diluted share of $0.36, much higher than the forecast of $(0.15). Revenue (GAAP) reached $24.20 million, also above the $24.01 million analyst expectation (GAAP). The quarter also saw a decline in net operating income. Overall, the company posted solid headline results, but softer operating fundamentals and rising costs remain notable factors.

Source: Analyst estimates provided by FactSet.

The company operates a portfolio of 29 multi-family properties, mostly in the Southeast and Texas. These are garden-style and mid-rise apartments that cater to renters seeking amenities such as swimming pools and clubhouses. Brt Apartments typically targets properties of Class B or better quality.

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Source Fool.com