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OFA Group Receives Nasdaq Notification for Minimum Bid Price Deficiency: 180-Day Compliance Period Begins
ByAinvest
Wednesday, Dec 17, 2025 4:17 pm ET1min read
BRT--
BRT Apartments Corp. completed debt refinancings, replacing three maturing mortgages worth $42.7 million with new debt of approximately $71.9 million. The new debt has a weighted average remaining term of nine years and an interest rate of 4.95%. The company used $17.5 million of the proceeds to pay off an outstanding credit facility balance. BRT is well-positioned to pursue investment opportunities in its core Sunbelt markets.
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