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American Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2026

  • American Realty Investors reported a net loss of $0.7 million ($0.04 per share) for the three months ended September 30, 2026, compared to a net income of $0.1 million ($0.01 per share) in the same period in 2025.
  • Total occupancy reached 82% as of September 30, 2026, comprising 95% for multifamily properties & 57% for commercial properties.
  • On October 2, 2026, the company agreed to acquire four multifamily properties totaling 782 units in Texas & Alabama in exchange for settling four notes receivable & a $12.0 million cash payment.
  • The company exercised an option on October 28, 2026, to extend the maturity of its loan on Alera at Hunters Glen to November 5, 2027.
  • Sales of 21 lots at Windmill Farms generated $1.0 million in revenue, resulting in an $0.8 million gain during the three months ended September 30, 2026.
  • Revenues increased by $1.1 million to $13.9 million for the quarter, driven by a $1.5 million rise in multifamily revenue from lease-up activities, partially offset by a $0.4 million drop in commercial revenue.
  • Net operating loss widened by $1.0 million to $2.6 million due primarily to a $1.4 million increase in operating expenses associated with lease-up properties.
  • The shift from net income to net loss was attributed to a $1.0 million increase in net operating loss & a $1.2 million decrease in interest income, partially mitigated by a $1.2 million reduction in tax provisions.