Investor Presentaiton

A-2 BRT APARTMENTS At December 31, 2020, the Company held interests in unconsolidated joint ventures that own 31 multi-family properties (the "Unconsolidated Properties"). The condensed balance sheets below present information regarding such properties (dollars in thousands): ASSETS Real estate properties, net of accumulated depreciation of $145,600 Cash and cash equivalents Other assets Total Assets LIABILITIES AND EQUITY Liabilities: Mortgages payable, net of deferred costs of $563 Accounts payable and accrued liabilities Total Liabilities Commitments and contingencies Equity: Total unconsolidated joint venture equity Total Liabilities and Equity BRT interest in joint venture equity Unconsolidated Mortgages Payable: BRT's pro-rata share Partner's pro-rata share Total Mortgages payable are net of deferred costs PAGE 23 December 31, 2020 $ $1,075,178 16,939 29,392 $ 1,121,509 $ 829,646 20,237 849,883 271,626 $ 1,121,509 $ 169,474 $ 525,709 303,937 $ 829,646

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