Home : Home Mortgage Loan : MSN Newsfeeds : BRT Realty swings to 2Q loss on real estate slump - Forbes
BRT Realty swings to 2Q loss on real estate slump - Forbes
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BRT Realty Trust , which makes commercial mortgage loans, said Friday it swung to a loss in the second quarter as a result of the real estate and credit slumps. The company posted a loss of $5.7 million, or 48 cents per share, compared to earnings of ...