secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REALTY INVESTORS INC (ARL)
CIK:        0001102238
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001102238-21-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Realty Investors reports Q3 2021 net loss of $19.4M ($1.20/share) on revenue decline
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- Net loss attributable to common shares of $19.4M ($1.20 diluted EPS) vs $8.0M ($0.50) in Q3 2020, loss widened.
- Rental revenues fell to $9.6M from $11.5M YoY, driven by sale of 600 Las Colinas and lower commercial occupancy.
- Sold 600 Las Colinas office building for $74.8M, netting $38.8M in cash after loan repayment; gain of $27.3M.
- Refinanced Villas at Bon Secour with $20M loan at 3.08% (92 bps reduction), generating $8.9M additional proceeds.
- Overall occupancy 93% (97% multifamily, 70% commercial); rent collection at 94% for the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102238/000110223821000024/0001102238-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102238/000110223821000024/arl-20211110.htm
  HTML page:      https://secwatch.observer/filing/0001102238-21-000024

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