American Realty Investors Inc. (NYSE: ARL) is on The StockGuru Leader Board today. The stock closed up 33.89% on Tuesday.
Volume was 93,508 shares traded.
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About the Company:
American Realty Investors, Inc., together with its subsidiaries, operates as an externally advised and managed real estate investment company. The company engages in the acquisition, development, and ownership of income-producing residential, hotel, and commercial real estate properties. It leases apartment units to residents; industrial and retail space to various for-profit businesses, as well as local, state, and federal agencies; and trade show and exhibit space to temporary, as well as long-term tenants. The company also rents hotel rooms to guests; and sells land and income-producing properties, as well as acquires land for future development in in-fill or high-growth suburban markets. As of September 30, 2011, it owned approximately 71 income producing properties comprising 21 commercial properties totaling 4.5 million rentable square feet that consists of 11 office buildings, 5 commercial warehouses, 4 retail properties, and a 344,975 square foot trade show and exhibit hall; 1 hotel comprising 161 rooms; 49 apartment communities totaling 9,027 units; and 5,983 acres of developed and undeveloped land. The company was founded in 1961 and is headquartered in Dallas, Texas.
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