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American Realty Investors, Inc. Reports Earnings for Quarter Ended March 31, 2025

1. ARL's net income rose to $3.0 million, reflecting strong performance. 2. Occupancy rate improved to 80%, with 94% in multifamily properties. 3. Rental revenues increased slightly to $11.4 million, benefiting from higher multifamily rents. 4. Net operating loss decreased, primarily due to lower operating expenses. 5. Sold 30 single-family lots for $1.4 million, enhancing capital position.

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$12.9605/09 11:50 PM EDTLatest Updated
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FAQ

Why Bullish?

The increase in net income and occupancy indicates operational improvement, similar to past recovery trends in the real estate sector.

How important is it?

Strong financial results and operational metrics impact investor confidence and share price.

Why Short Term?

The immediate financial results suggest positive market perception and potential short-term price movement.

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- DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE: ARL) is reporting its results of operations for the three months ended March 31, 2025. For the three months ended March 31, 2025, we reported net income attributable to common shares of $3.0 million or $0.18 per diluted share, compared to $1.8 million or $0.11 per diluted share for the same period in 2024. Financial Highlights Total occupancy was 80% at March 31, 2025, which includes 94% at our multifamily properties and 53% at our commercial properties. On December 13, 2024, 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. Financial Results Rental revenues increased $0.1 million from $11.3 million for the three months ended March 31, 2024 to $11.4 million for the three months ended March 31, 2025. The increase in rental revenue is primarily due to an increase in rents at our multifamily properties. Net operating loss decreased $0.7 million from $1.5 million for the three months ended March 31, 2024 to $0.8 million for the three months ended March 31, 2025. Our decrease in net operating loss was due to a $0.6 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 March 31, 2025. Net income attributable to common shares increased $1.2 million from $1.8 million for the three months ended March 31, 2024 to $3.0 million for the three months ended March 31, 2025. The increase in net income is primarily attributed to an increase in gain on real estate transactions offset in part by a decrease in interest income and an increase in tax provision for the three months ended March 31, 2025. About American Realty Investors, Inc. American Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate. The Company also holds mortgage receivables. The Company’s primary asset and source of its operating results is its investment in Transcontinental Realty Investors, Inc. (NYSE: TCI). For more information, visit the Company’s website at www.americanrealtyinvest.com. More News From American Realty Investors, Inc.

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