Profile: Transcontinental Realty Investors Inc (TCI.N)
22 Aug 2016
Transcontinental Realty Investors, Inc., incorporated on December 20, 1991, is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held for development. The Company's segments are Commercial Properties, Apartments, 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 mainly in in-fill locations or suburban markets. The Company's income-producing properties consist of approximately eight commercial properties, including five office buildings, two retail properties and an industrial warehouse, comprising in aggregate approximately 1.9 million square feet; a golf course comprising approximately 96.09 acres, and approximately 50 residential apartment communities comprising over 7,980 units, excluding apartments being developed. In addition, the Company owns approximately 3,660 acres of land held for development.
The Company owns income-producing properties and land in over 10 states, as well as in the United States Virgin Islands. The Company has approximately three apartment projects in development, which include Eagle Crossing, located in Dallas, Texas; Parc at Mansfield II, located in Mansfield, Texas, and Terra Lago, located in Rowlett, Texas. The Company's investments in undeveloped and partially developed land consist of McKinney, Texas; Dallas, Texas; Kaufman County, Texas; Farmers Branch, Texas; Kaufman County, Texas, and others. The Company contracts with third-party companies to lease and manage its apartment communities.
Transcontinental Realty Investors Inc
1603 Lyndon B Johnson Fwy Ste 80
DALLAS TX 75234-6061