Name | Value |
---|---|
Revenues | 23.4M |
Cost of Revenue | 17.0M |
Gross Profit | 6.4M |
Operating Expense | 4.2M |
Operating I/L | 2.2M |
Other Income/Expense | -5.3M |
Interest Income | 0.1M |
Pretax | -3.1M |
Income Tax Expense | 0.1M |
Net Income/Loss | -3.2M |
BRT is a real estate investment trust specializing in the ownership, operation, and development of multi-family properties. The company generates revenue through rental income from its properties, as well as through property appreciation and development projects. BRT's business model revolves around acquiring and managing multi-family properties to generate a steady stream of rental income and long-term value appreciation. By strategically investing in multi-family properties, BRT aims to provide attractive returns to its investors while contributing to the growth and stability of the real estate market.