American Realty Investors, Inc. Reports Earnings for Quarter Ended March 31, 2025
1. ARL's Q1 2025 net income rose to $3.0 million from $1.8 million. 2. Total occupancy improved to 80%, with 94% in multifamily properties. 3. Rental revenue increased slightly to $11.4 million, mainly from multifamily rents. 4. Net operating loss decreased to $0.8 million, thanks to lower operating expenses. 5. ARL sold lots for $1.4 million, gaining $1.1 million on the transaction.