American Realty Investors Q1 net loss USD 516,000; revenue slips 1.91% to USD 12.34 million
American Realty Investors, Inc. ARL | 0.00 |
- American Realty Investors swung to a net loss of USD 516,000, compared with net income of USD 3.96 million a year earlier.
- Segment operating income (NOI) fell to USD 5.01 million from USD 6.03 million, as multifamily NOI dropped USD 1.69 million while commercial NOI climbed USD 663,000.
- Multifamily revenue edged down to USD 8.43 million from USD 8.76 million, while commercial revenue rose to USD 3.91 million from USD 3.24 million.
- Interest income, net slid to USD 856,000 from USD 2.19 million, while gain on sale or write down of assets, net narrowed to USD 385,000 from USD 3.89 million.
- During quarter, company sold 21 Windmill Farms lots for USD 1 million, booked USD 800,000 gain; extended Alera loan to Sept. 15, 2026 with two one-year extension options.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Realty Investors Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-031837), on May 07, 2026, and is solely responsible for the information contained therein.
