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American Realty Investors, Inc. Reports Improved Operating Income and Full Year Results for 2017

DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE: ARL), a Dallas-based real estate investment company is reporting its continued growth in both revenue and net operating income for 2017. Revenue increased to $126.2 million as compared to $119.7 million in 2016, while net income increased to $17.4 million for 2017 compared to $14.6 million for 2016. Further, the Company is continuing its growth strategy into the future with fourteen additional apartment projects in various stages of development. As these new projects come to completion, our strategic model of focusing on our multifamily portfolio for the future growth of the Company will continue. We are track and well positioned operationally and strategically for the opportunities ahead.