BRT Apartments: Well-Positioned To Benefit From Real Estate Cap Rate Compression

wildpixel Introduction BRT Apartments (NYSE:BRT) has underperformed the Vanguard Real Estate Index Fund (VNQ) so far in 2024, delivering a circa 3% loss against the 5% total return for the benchmark ETF: BRT vs VNQ in 2024 (Seeking Alpha) I think the REIT may outperform going forward thanks to an attractive valuation in terms of adjusted FFO multiple, as well as from a market-implied cap rate perspective. Furthermore, the company's debt-heavy capital structure will benefit should real estate cap rates move ...