Brt Apartments Corp. shares rise 2.53% intraday after acquiring 1322 North, a 214-unit apartment complex in Auburn, Alabama.

Brt Apartments Corp. rose 2.53% in intraday trading, with the company announcing the acquisition of 1322 North, a 214-unit Class A apartment complex in Auburn, Alabama. The acquisition complements BRT's ownership of The Village at Lakeside, an Auburn, Alabama property it has owned since 2019. The properties are located one mile from each other and near the region's two largest employers, Auburn University and East Alabama Medical Center.