American Realty Investors (ARL)
Owns and develops Southern US multifamily, office, land, and mortgage-note assets.
Something off on this page? Send us feedback.
Owns, operates, and develops multifamily and commercial properties across the Southern United States, with land and mortgage-note investments alongside rental revenue. The business is externally managed by Pillar and depends on regional property demand, development execution, financing access, and related-party arrangements.
Owns, operates, and develops real estate through Residential and Commercial segments, with a portfolio centered on Southern U.S. multifamily communities and office properties. Land holdings and mortgage notes sit alongside the rental-property base rather than a separate consumer-facing product line.
Runs an externally managed model: Pillar Income Asset Management provides advisory and cash-management services, while related entities handle selected property-management and leasing services. Realty Advisors controls most common stock and also owns Pillar.
Execution centers on acquiring, developing, leasing, and stabilizing income-producing multifamily properties in secondary Southern markets, while opportunistically holding commercial properties, land, and mortgage receivables. Performance depends on regional property demand, construction and lease-up execution, financing access, and related-party arrangements.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $84.3M · Total debt $218.0M · Total assets $1.09B · Shareholders' equity $618.6M
- Revenue
- $12.9M
- Operating income
- −$2.5M
- Net income
- −$1.0M
No dividends on record.
| Institutions | 3.41% | 551.3K shares | |
|---|---|---|---|
| 42 holders · as of Jun 30, 2026 | |||
| Other | 96.59% | 15.60M shares | |
| remainder | |||
16.15M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 1.10% | 177,786 | as of Jun 30, 2026 |
Wealth Alliance Advisory Group, LLCInstitution | 1.08% | 174,266 | as of Jun 30, 2026 |
Caldwell Sutter Capital, Inc.Institution | 0.43% | 69,222 | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 0.21% | 33,229 | as of Jun 30, 2026 |
State Street CorpInstitution | 0.11% | 18,384 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Mid-America Apartment Communities
Large Sun Belt apartment REIT overlapping in multifamily leasing
- Camden Property Trust
Sun Belt multifamily REIT competing in apartment leasing and development
- Independence Realty Trust
Non-gateway apartment REIT overlapping in Southern multifamily markets
- NexPoint Residential Trust
Dallas-based Sun Belt apartment REIT focused on workforce housing
- Cousins Properties
Sun Belt office REIT competing for Class A office tenants and sites
- BRT
Smaller Sun Belt multifamily REIT with Southeast and Texas overlap
- Highwoods Properties
Sun Belt office REIT competing in Southern business-district leasing
- Forestar Group
Residential lot developer overlapping with land development and lot sales
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| American Realty Investors | $15.55 | +0.06% | $251.0M | 30.1 | — | 4.9 | +5.8% |
| Mid-America Apartment Communities | $119.33 | +0.40% | $13.83B | 34.8 | 38.1 | 6.2 | +1.0% |
| Camden Property Trust | $99.25 | +0.44% | $9.93B | 32.8 | 104.8 | 6.3 | −0.9% |
| Independence Realty Trust | $14.82 | +1.11% | $3.46B | 79.9 | 69.1 | 5.2 | +3.2% |
| NexPoint Residential Trust | $21.69 | +1.50% | $543.1M | — | — | 2.1 | +2.4% |
| Cousins Properties | $28.99 | +1.15% | $4.72B | 700.7 | 75.5 | 4.6 | +11.8% |
| BRT | $14.16 | +1.54% | $262.4M | — | — | 2.7 | +1.3% |
| Highwoods Properties | $30.69 | −1.25% | $3.43B | 20.4 | 36.5 | 4.1 | +7.9% |
| Forestar Group | $26.91 | +2.01% | $1.35B | 7.9 | 9.5 | 0.8 | +4.2% |
| Median | 33.8 | 53.6 | 4.3 | +2.8% |