American Realty Investors, Inc., together with its subsidiaries, operates as an advised and managed real estate investment company. It engages in the acquisition, development, and ownership of income-producing residential, hotel, and commercial real estate properties. The company also acquires land for future development in in-fill or high-growth suburban markets. It leases apartment units to residents; office, industrial, and retail space to various for-profit businesses, as well as to local, state, and federal agencies; trade show and exhibit space to temporary and long-term tenants; and rents hotel rooms to guests. Further, the company sells income-producing properties and land; and purchases and originates mortgage loans. As of December 31, 2009, it had 5.8 million rentable square feet of commercial properties, including 21 office buildings, 6 industrial properties, 4 retail properties, and a 344,975 square foot trade show and exhibit hall in Denver, Colorado. The company also had 61 residential apartment communities comprising 11,942 units; 5 hotels comprising 808 rooms; 11,635 acres of land held for development; and owned income-producing properties and land in 19 states and the U.S. Virgin Islands, as well as a 420 acre holiday resort project in Germany that is under construction. American Realty Investors was founded in 1961 and is headquartered in Dallas, Texas.
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