12 Best Residential Real Estate Stocks To Buy According to Analysts

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7. BRT Apartments Corp. (NYSE:BRT)

Average Upside Potential: 25.43%

BRT Apartments Corp. (NYSE:BRT) is an internally managed REIT that focuses on the ownership, operation, and development of multi-family properties primarily in Sun Belt locations. The firm owns or has interests in 29 multi-family properties with 7,947 units in 11 states, as of September 30, 2024.

BRT Apartments Corp. (NYSE:BRT) has lived decades of demonstrated success in multi-family in its history. The firm’s high-quality portfolio has generated above-average AFFO growth compared to multi-family non-gateway companies. The national multifamily REIT seeks to invest in properties and acquisitions that are well-positioned in areas demonstrating positive indications of growth with catalysts promoting employment and housing demand.

A focus on Sunbelt locations offers compelling advantages to the REIT, due to the predominance of pro-business states, alongside better population and job growth from migration patterns and business investment. However, the operational environment in the firm’s combined portfolio is expected to be consistent with other Sunbelt-focused operators with new supply muting new and renewal lease rent growth. On the bright side, this new supply is expected to moderate in 2025 and 2026.

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