Business
American Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025
DALLAS, August 07, 2025--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $2.8 million or $0.18 per diluted share, compared to $1.2 million or $0.07 per diluted share for the same period in 2024.
About this update from American Realty Investors, Inc.
[{"type":"text","content":"DALLAS, August 07, 2025--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $2.8 million or $0.18 per diluted share, compared to $1.2 million or $0.07 per diluted share for the same period in 2024.","length":385,"tagName":"p"},{"type":"text","content":"Financial Highlights","length":20,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total occupancy was 82% at June 30, 2025, which includes 94% at our multifamily properties and 57% at our commercial properties.","length":128,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":128,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"During the three months ended June 30, 2025, we sold 30 single family lots from our holdings in Windmill Farms for $1.4 million, resulting in a gain on sale of $1.1 million.","length":173,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":173,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"On May 30, 2025, we paid off the $10.8 million loan on 770 South Post Oak with cash on hand.","length":92,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":92,"olType":false},{"type":"text","content":"Financial Results","length":17,"tagName":"p"},{"type":"text","content":"Rental revenues increased $0.3 million from $11.2 million for the three months ended June 30, 2024 to $11.5 million for the three months ended June 30, 2025. The increase in rental revenue is primarily due to an increase in occupancy at Stanford Center.","length":253,"tagName":"p"},{"type":"text","content":"Net operating loss decreased $0.3 million from $1.3 million for the three months ended June 30, 2024 to $1.0 million for the three months ended June 30, 2025. Our decrease in net operating loss was due to a $0.1 million decrease in operating expenses. The decrease in operating expenses is primarily due to a decrease in the cost of insurance and property taxes for the three months ended June 30, 2025.","length":403,"tagName":"p"},{"type":"text","content":"Net income attributable to common shares increased $1.7 million from $1.2 million for the three months ended June 30, 2...