TRANSCONTINENTAL REALTY INVESTORS overview

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended June 30, 2023. For the three months ended June 30, 2023, we reported net income attributable to common shares of $0.5 million or $0.06 per diluted share, compared to a net income of $16.5 million or $1.91 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 81% at June 30, 2023, which includes 93% at our multifamily properties and 59% at our...

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended March 31, 2023. For the three months ended March 31, 2023, we reported net income attributable to common shares of $3.5 million or $0.41 per diluted share, compared to a net income of $14.5 million or $1.68 per diluted share for the same period in 2022. Financial Highlights Total occupancy was 80% at March 31, 2023, which includes 92% at our multifamily properties and 59% at our...

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended December 31, 2022. For the three months ended December 31, 2022, we reported net income attributable to the common shares of $58.9 million or $6.82 per diluted share, compared to a net loss of $8.7 million or $1.01 per diluted share for the same period in 2021. Financial Highlights We collected approximately 96% of our rents for the three months ended December 31, 2022, comprised of...

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended September 30, 2022. For the three months ended September 30, 2022, we reported net income attributable to the Company of $378.4 million or $43.79 per diluted share, compared to a net income of $26.2 million or $3.04 per diluted share for the same period in 2021. Financial Highlights We collected approximately 99% of our rents for the three months ended September 30, 2022, comprised of...

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended June 30, 2022. For the three months ended June 30, 2022, we reported net income attributable to the Company of $16.5 million or $1.91 per diluted share, compared to a net loss of $30.7 million or $3.56 per diluted share for the same period in 2021. Financial Highlights We collected approximately 97% of our rents for the three months ended June 30, 2022, comprised of approximately 98%...

Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the quarter ended March 31, 2022. For the three months ended March 31, 2022, we reported net income attributable to the Company of $14.5 million or $1.68 per diluted share, compared to $22.6 million or $2.62 per diluted share for the same period in 2021. Financial Highlights We collected approximately 98% of our rents for the three months ended March 31, 2022, comprised of approximately 98% from...

Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, is pleased to announce the recent sale of two older vintage properties, along the Gulf Coast area of Texas and Florida respectfully. The Texas property was built in 1999 and consisted of 144 units. The Florida property is a small garden property built in 1969. “TCI recently sold two assets to further perfect our portfolio,” commented Daniel J. Moos, TCI President and CEO. “Despite the...

Southern Properties Capital, a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, is pleased to announce that Windmill Farms development continues to expand. SPC recently sold a 2 acre parcel for commercial development on the corner of Windmill Farms Blvd and Falcon Way. Two neighborhoods were recently completed with lots ready for delivery to national home builders and two additional neighborhoods are nearing completion for lot...