---
schema_version: "secwatch.filing_event.v1"
accession: "0001102238-25-000025"
form_type: "8-K"
ticker: "ARL"
cik: "0001102238"
company_name: "AMERICAN REALTY INVESTORS INC"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:21:21.246908+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ARL swings to Q3 profit $0.01 EPS from $1.08 loss; revenue up 10%

## Summary
- Net income of $0.1M ($0.01 diluted EPS) vs net loss of $17.5M ($1.08 loss) in Q3 2024.
- Revenue increased to $12.8M from $11.6M, driven by multifamily and commercial property revenue gains.
- Overall occupancy 82% (94% multifamily, 58% commercial); lease-up started at three new properties.
- Sold Villas at Bon Secour (200 units, Gulf Shores, AL) for $28M; used proceeds to pay off $18.8M loan.
- Net operating loss improved to $1.6M from $2.1M as revenue growth outpaced expense increases.

## SEC filing metadata
- accession: 0001102238-25-000025
- form_type: 8-K
- ticker: ARL
- cik: 0001102238
- company_name: AMERICAN REALTY INVESTORS INC
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102238/000110223825000025/0001102238-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102238/000110223825000025/arl-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102238-25-000025
- JSON: https://secwatch.observer/filing/0001102238-25-000025.json
- Plain text: https://secwatch.observer/filing/0001102238-25-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.