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American Realty Investors, Inc. (ARL) is a prominent real estate company located at 11811 North Freeway, Suite 300, Houston, Texas, United States. The company specializes in the acquisition, development, and ownership of income-producing residential and commercial real estate properties. Operating in two primary segments—Residential and Commercial—American Realty Investors, Inc. plays a significant role in the real estate market.
In the Residential segment, the company focuses on the acquisition, development, ownership, and management of multifamily properties. This portfolio includes a variety of apartment complexes that cater to different demographics and income levels, ensuring steady rental income and asset appreciation.
The Commercial segment is involved in the acquisition, ownership, and management of various commercial real estate properties. These include office buildings, retail centers, and parcels of land. The company’s strategic investments in these areas are designed to generate consistent rental income and long-term value for stakeholders.
American Realty Investors, Inc. has a proven track record of successful real estate transactions and developments, which has solidified its reputation in the industry. The company’s recent achievements and ongoing projects demonstrate a keen ability to adapt to market changes and capitalize on new opportunities. Their financial condition remains robust, supported by diverse revenue streams and strategic asset management.
Partnerships with key industry players further enhance the company’s ability to deliver high-quality properties and maintain a competitive edge. By leveraging these partnerships, American Realty Investors, Inc. ensures access to prime real estate opportunities and the latest market insights.
Investors and stakeholders can stay updated with the latest news and developments regarding American Realty Investors, Inc. through various channels. For example, recent company news highlights their ongoing projects, financial performance, and strategic initiatives, offering a comprehensive view of their operations and future prospects.
Overall, American Realty Investors, Inc. remains a significant player in the real estate market, continuously evolving to meet the demands of the industry and deliver value to its investors and clients.
American Realty Investors, Inc. (NYSE:ARL) reported its Q2 2024 results, showing a net income of $1.2 million or $0.07 per diluted share, up from $0.1 million or $0.01 per diluted share in Q2 2023. Total occupancy was 78%, with 93% in multifamily and 49% in commercial properties. Rental revenues slightly decreased to $11.2 million from $11.4 million year-over-year. The company's net operating loss improved, decreasing from $3.9 million to $1.3 million. This improvement was primarily due to reduced general and administrative expenses related to repaid bonds. ARL also refinanced its Forest Grove property with a $6.6 million loan at SOFR plus 1.85%, maturing in 2031.
American Realty Investors, Inc. (NYSE: ARL) reported net income attributable to common shares of $1.8 million or $0.11 per diluted share for the three months ended March 31, 2024, compared to $3.0 million or $0.18 per diluted share for the same period in 2023. Rental revenues increased to $11.3 million, with total occupancy at 79% as of March 31, 2024. The company extended the loan maturity on Windmill Farms to 2026 at a 7.50% interest rate.
American Realty Investors (NYSE:ARL) reported a net income of $16.3 million or $1.01 per diluted share for Q2 2022, a significant recovery from a net loss of $27.3 million in Q2 2021. The company collected approximately 97% of rents, with 93% occupancy in multifamily properties. However, rental revenues dropped $2.9 million due to property sales. The net operating loss decreased to $3.0 million, mainly due to reduced legal costs, while net income benefitted from a $29.6 million arbitration settlement and currency gains.
American Realty Investors, Inc. (NYSE: ARL) published its Q1 2022 financial results, reporting a net income of
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