Business
American Realty Investors, Inc. Reports Earnings for Quarter Ended December 31, 2025
DALLAS, March 12, 2026--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended December 31, 2025. For the three months ended December 31, 2025, we reported net income attributable to common shares of $9.8 million or $0.60 per diluted share, compared to a net loss attributable to common shares of $0.2 million or $0.01 per diluted share for the same period in 2024.

About this update from American Realty Investors, Inc.
[{"type":"text","content":"DALLAS, March 12, 2026--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended December 31, 2025. For the three months ended December 31, 2025, we reported net income attributable to common shares of $9.8 million or $0.60 per diluted share, compared to a net loss attributable to common shares of $0.2 million or $0.01 per diluted share for the same period in 2024.","length":436,"tagName":"p"},{"type":"text","content":"Financial Highlights","length":20,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total stabilized occupancy was 81% at December 31, 2025, which includes 93% at our multifamily properties and 59% at our commercial properties. Stabilized occupancy excludes Alera, Bandera Ridge and Merano, which are currently in lease-up.","length":239,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"On October 10, 2025, we sold Villas at Bon Secour, a 200 unit multifamily property in Gulf Shores, Alabama, for $28.0 million, which resulted in a gain on sale of $12.2 million. We used the proceeds from the sale to pay off the $18.8 million loan on the property and for general corporate purposes.","length":298,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":537,"olType":false},{"type":"text","content":"Financial Results","length":17,"tagName":"p"},{"type":"text","content":"Revenues increased $1.0 million from $12.0 million for the three months ended December 31, 2024 to $13.0 million for the three months ended December 31, 2025. The increase in revenue is primarily due to an increase of $0.6 million from our commercial properties and $0.7 million in other income offset in part by a decrease of $0.3 million from our multifamily properties. The increase in revenue from our commercial properties is primarily due to an increase in occupancy at Stanford Center and the decrease is to the sale of Villas at Bon Secour in 2025.","length":556,"tagName":"p"},{"type":"text","content":"Net operating loss increased $1.2 million from $1.8 million for the three months ended December 31, 2024 to $3.0 million for the three months ended December 31, 2025. Our increase in net operating loss was due to a $2.1 million increase in operating expenses offset in part by the $1.0 million increase in revenue. The increase in oper...