DALLAS, Nov. 12, 2001 (PRIMEZONE) -- American Realty Investors, Inc. (NYSE:ARL) announced Monday that director Richard D. Morgan, a member since August 2000, recently resigned from the ARL board.
With the resignation, American Realty's board membership stands at three members, ARL President Karl L. Blaha, Collene Currie and Joseph Mizrachi. Currie and Mizrachi are independent directors.
American Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, hotels, shopping centers, and developed and undeveloped land. The company also has interests in mortgage loans and real estate-related entities. For more information on the company, go to www.amrealtytrust.com.