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Profile: Transcontinental Realty Investors Inc (TCI.N)

TCI.N on New York Stock Exchange

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3 May 2016
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Transcontinental Realty Investors, Inc. (TCI), incorporated on December 20, 1991, is an externally advised and managed real estate investment company that owns a portfolio of income-producing residential and commercial real estate properties and land held for development. The Company operates through segments: apartments, commercial buildings, land and other. The Company's portfolio of income-producing properties includes residential apartment communities, office buildings and other commercial properties. The Company acquires land primarily in in-fill locations or high-growth suburban markets. As of December 31, 2014, the Company owned 6,024 units in 37 residential apartment communities, eight commercial properties comprising approximately 1.8 million rentable square feet consisting of four office buildings, one industrial warehouse, two retail centers, and a golf course. In addition, it owns 4,087 acres of land held for development. The Company owns income-producing properties and land in nine states, as well as in the United States Virgin Islands.

As of December 31, 2014, the Company's apartment projects in development included Parc at Mansfield. As of December 31, 2014, the Company's investments in undeveloped and partially developed land consisted of McKinney Multi-Tracts, located in McKinney, Texas; Mercer Crossing, Dallas, Texas; Travis Ranch, Kaufman County, Texas; US Virgin Islands Multi-Tracts, St. Thomas, the United States Virgin Islands; Waco Multi-Tracts, Waco, Texas; Windmill Farms, Kaufman County, Texas, and other land holdings. Pillar Income Asset Management, Inc. (Pillar) is the Company's external advisor and cash manager. Regis Realty Prime, LLC (Regis) manages the Company's commercial properties and provides brokerage services for its real estate portfolio. The Company engages third-party companies to lease and manage its apartment properties.

Company Address

Transcontinental Realty Investors Inc

1603 Lyndon B Johnson Fwy Ste 80
DALLAS   TX   75234-6061
P: +1469.5224200
F: +1469.5224299

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