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                                                                    EXHIBIT 23.3

              Consent of Independent Certified Public Accountants

American Realty Trust, Inc.
Dallas, Texas

We hereby consent to the incorporation by reference in the Prospectus
constituting a part of this Registration Statement of our report dated March 24,
1999, relating to the consolidated financial statements and schedules of Income
Opportunity Realty Investors, Inc. appearing in the Company's Annual Report on
Form 10-K/A for the year ended December 31, 1998.

We also consent to the reference to us under the caption "Experts" in the
Prospectus.

                                        /s/ BDO SEIDMAN, LLP

                                        BDO Seidman, LLP



Dallas, Texas
June 16, 1999