BRT Realty Trust (the Trust) is a real estate investment trust (REIT). The Trust owns, operates and develops multi-family properties, and commercial and mixed use real estate assets. The Trust operates through two segments: multi-family real estate and other real estate. The multi-family real estate segment includes the ownership, operation and development of the Trust's multi-family properties. The other real estate segment includes all activities related to the ownership, development, operation and disposition of the Trust's other real estate assets. Its multi-family property activities involve the ownership, operation and development, primarily through joint ventures. It owns approximately 30 multi-family properties located in approximately 10 states. Its multifamily properties are garden apartment, mid rise or town home style properties that provide residents with amenities, such as a clubhouse, swimming pool, laundry facilities and cable television access.