BRT Realty Trust, a Great Neck, N.Y.-based real estate investment trust, has announced the pricing of a public offering of 2.8 million shares of common stock at $28 per share.Friedman, Billings, Ramsey & Co., Stifel, Nicolaus & Co., and BMO Capital Markets Corp. are the managing underwriters of the offering. The company said it has granted the underwriters an option to buy up to 420,000 additional shares to cover any overallotments. BRT can be found on the Web at http://www.brtrealty.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry