American Realty Investors, Inc. $(ARL)$ has reported its financial results for the first quarter of 2025, ending March 31. The company achieved a net income attributable to common shares of $3.0 million, or $0.18 per diluted share, marking an increase from $1.8 million, or $0.11 per diluted share, in the same period of 2024. Rental revenues experienced a slight rise, moving from $11.3 million in Q1 2024 to $11.4 million in Q1 2025, primarily driven by increased rents at the company's multifamily properties. The total occupancy rate was reported at 80% as of March 31, 2025, with multifamily properties at 94% occupancy, while commercial properties stood at 53%. The company also noted a reduction in net operating loss, which decreased by $0.7 million from $1.5 million in Q1 2024 to $0.8 million in Q1 2025. This improvement was largely due to a $0.6 million decrease in operating expenses, attributed mainly to lower costs for insurance and property taxes. A significant transaction during this period was the sale of 30 single-family lots in Windmill Farms, concluded in December 2024 for $1.4 million, resulting in a gain of $1.1 million.