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BRT Realty Trust (BRT)

7.19 Up 0.01(0.14%) 4:02PM EST
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BRT Realty Trust
60 Cutter Mill Road
Suite 303
Great Neck, NY 11021
United States - Map
Phone: 516-466-3100
Fax: 516-466-3132

Index Membership:N/A
Industry:Mortgage Investment
Full Time Employees:N/A

Business Summary 

BRT Realty Trust originates and holds for investment senior mortgage loans secured by commercial and multi-family real estate property in the United States. The company offers short-term or bridge loans at a floating rate of interest based on a spread over the prime rate. Its lending activities focus on operating properties, such as multi-family properties, residential properties being converted to condominium ownership, retail properties, shopping centers, mixed use buildings, and hotels/motels. The company also acquires multi-family properties; and owns, operates, and develops various real estate assets. As of November 29, 2013, it owned 20 multi-family properties located in 7 states with an aggregate of 5,620 units. The company qualifies as a real estate investment trust for federal income tax purposes. It would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. BRT Realty Trust was founded in 1972 and is based in Great Neck, New York.

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Key Executives 
Mr. Jeffrey A. Gould , 48
Chief Exec. Officer, Pres and Trustee
Mr. George E. Zweier , 50
Chief Financial Officer, Principal Accounting Officer and VP
Mr. Mark H. Lundy , 52
Sr. VP and Gen. Counsel
Mr. David W. Kalish , 67
Sr. VP of Fin.
Mr. Matthew J. Gould , 54
Sr. VP and Trustee
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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