American Realty Investors Inc. announced the death of Sharon Hunt who served as a board member of the company. Knowing Ms. Hunt was seriously ill, the company began a search several months ago for a possible replacement. The company announced that Ray Roberts Sr. of Denton, Texas has agreed to serve on boards. Mr. Roberts is a retired United States Air Force Major who has served in several military operations earning him several special awards, including a Bronze Star and a Medal for Humane Action. Since his retirement Mr. Roberts has been heavily involved in various community, public service, and political activities.