American Realty Investors swung to a net loss of $1.25 million in the quarter ended June 30, 2026, from net income of $2.86 million a year earlier.
Revenue rose 4.21% to $12.87 million.
Funds from operations fell 55.05% to $2.69 million; segment operating income (NOI) slid 16.62% to $4.69 million.
Property performance
Multifamily NOI dropped 28.5% to $2.83 million, while commercial NOI rose 11.66% to $1.86 million.
Interest income, net sank to $7,000 from $1.58 million, reflecting lower interest income and higher interest expense.
Total occupancy for Same Properties was 81% at June 30, including 93% for multifamily and 58% for commercial; Mountain Creek construction costs reached $17 million.
ARL•
