Investor Presentaiton
History of Value Creation
Dispositions
BRT
APARTMENTS
N
BRT SHARE OF
GAIN ON SALE1
DISPOSITION DATE
PROPERTY NAME
LOCATION
# OF UNITS
IRR1
Jul-15
Ivy Ridge
Marietta, GA
207
$4.6mm
31.7%
Mar-16
Grove at Trinity Pointe
Cordova, TN
464
$4.5mm
21.2%
Mar-16
Mountain Park Estates
Kennesaw, GA
450
$6.3mm
26.0%
Apr-16
Courtney Station
Pooler, GA
300
$4.3mm
13.0%
Jun-16
Madison at Schilling Farms
Collierville, TN
324
$3.7mm
10.0%
Jun-16
Village Green
Little Rock, AK
172
$0.4mm
10.0%
Sep-16
Sundance
Wichita, KS
496
$5.4mm
32.0%
Oct-16
Southridge
Greenville, SC
350
$9.2mm
27.0%
Oct-16
Spring Valley
Panama City, FL
160
$3.9mm
37.0%
Nov-16
Sandtown Vista
Atlanta, GA
350
$4.7mm
40.2%
Nov-16
Autumn Brook
Hixson, TN
156
$0.5mm
-5.1%
Jul-17
Meadowbrook
Humble, TX
260
$4.6mm
23.5%2
Jul-17
Parkside
Humble, TX
160
$2.8mm
23.5%2
Jul-17
Ashwood Park
Pasadena, TX
144
$1.7mm
23.5%2
Oct-17
Waverly Place Apartments
Melborune, FL
208
$10.0mm
25.0%³
Feb-18
Fountains
Palm Beach Gardens, FL
542
$21.2mm
25.0%³
Feb-18
Apartments at the Venue
Valley, AL
618
$5.2mm
15.7%
Nov-18
The Factory at Garco Park
North Charleston, SC
271
$6.2mm
20.0%
Dec-18
Cedar Lakes
Lake St. Louis, MO
420
$5.6mm
15.9%
Jul-19
Dec-19
Stonecrossing
Waterside
Houston, TX
Indianapolois, IN
384
$9.0mm
18.3%
400
$9.8mm
23.2%
TOTAL
6,836
$123.6mm
PAGE 16
Source: Company Filings
Note: As of December 31, 2020
[1] Net to BRT after paying distributions to Joint Venture partners
[2,3] Represents IRRS for portfolio of properties in a crossed joint ventureView entire presentation