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Transcontinental Realty Investors Inc (TCI) provides investors and industry professionals with timely updates on its multifamily and commercial property operations across southern U.S. markets. This dedicated news hub consolidates official announcements, financial disclosures, and strategic developments from the Dallas-based real estate firm.
Access curated updates including quarterly earnings reports, property acquisition details, management team changes, and operational milestones. The resource serves investors seeking to track TCI's portfolio growth in apartment complexes, office spaces, and alternative investments like mortgage note receivables.
Key updates cover residential leasing trends, commercial tenant expansions, and land development initiatives. All content reflects TCI's integrated management model and commitment to value-driven real estate practices. Bookmark this page for direct access to verified information about asset performance and market positioning.
Income Opportunity Realty Investors (NYSE American:IOR) reported financial results for Q3 2024. The company posted net income of $1.2 million, or $0.29 per diluted share, compared to $1.6 million, or $0.39 per share in Q3 2023. The decline in net income was primarily due to decreased interest income, partially offset by lower advisory fees.
American Realty Investors (NYSE:ARL) reported Q3 2024 results with a net loss of $17.5 million ($1.08 per diluted share), compared to net income of $3.0 million ($0.18 per share) in Q3 2023. Total occupancy was 79%, with 95% in multifamily and 48% in commercial properties. Rental revenues decreased to $11.1 million from $11.8 million year-over-year. The company secured a $6.6 million loan for Forest Grove and a $27.5 million construction loan for a new Dallas multifamily project. A significant $23.4 million settlement payment was made to resolve long-standing Clapper litigation from 1999.
Transcontinental Realty Investors (NYSE:TCI) reported Q3 2024 results with net income of $1.7 million ($0.20 per diluted share), down from $4.5 million ($0.52 per share) in Q3 2023. Total occupancy was 79%, with 95% in multifamily and 48% in commercial properties. Rental revenues decreased to $11.1 million from $11.8 million year-over-year. The company secured a $6.6 million loan for Forest Grove and a $27.5 million construction loan for a new 234-unit multifamily project in Dallas. A significant 45,000 square foot lease was completed at Stanford Center, expected to increase property occupancy by 14%.
Transcontinental Realty Investors (NYSE:TCI) reported its Q2 2024 results, showing a net income of $1.5 million or $0.17 per diluted share, up from $0.5 million or $0.06 per share in Q2 2023. Total occupancy was 78%, with 93% in multifamily and 49% in commercial properties. Rental revenues decreased slightly to $11.2 million from $11.4 million in Q2 2023. The company saw a $2.4 million decrease in net operating loss to $1.1 million, primarily due to reduced general and administrative expenses. TCI also refinanced its Forest Grove property with a $6.6 million loan at SOFR plus 1.85%, maturing in 2031.
Income Opportunity Realty Investors (NYSE American: IOR) has reported its financial results for Q2 2024. The company's net income attributable to common shares decreased to $1.2 million ($0.28 per diluted share), compared to $1.8 million ($0.44 per share) in the same quarter of 2023. This 33.3% decline in net income is primarily due to a decrease in interest income, partially offset by a reduction in advisory fees. The earnings report highlights the challenges faced by IOR in maintaining its profitability levels year-over-year, with a significant drop in earnings per share from $0.44 to $0.28.
American Realty Investors, Inc. (NYSE:ARL) reported its Q2 2024 results, showing a net income of $1.2 million or $0.07 per diluted share, up from $0.1 million or $0.01 per diluted share in Q2 2023. Total occupancy was 78%, with 93% in multifamily and 49% in commercial properties. Rental revenues slightly decreased to $11.2 million from $11.4 million year-over-year. The company's net operating loss improved, decreasing from $3.9 million to $1.3 million. This improvement was primarily due to reduced general and administrative expenses related to repaid bonds. ARL also refinanced its Forest Grove property with a $6.6 million loan at SOFR plus 1.85%, maturing in 2031.
American Realty Investors, Inc. (NYSE: ARL) reported net income attributable to common shares of $1.8 million or $0.11 per diluted share for the three months ended March 31, 2024, compared to $3.0 million or $0.18 per diluted share for the same period in 2023. Rental revenues increased to $11.3 million, with total occupancy at 79% as of March 31, 2024. The company extended the loan maturity on Windmill Farms to 2026 at a 7.50% interest rate.
Income Opportunity Realty Investors, Inc. (NYSE American: IOR) reported net income attributable to common shares of $1.2 million or $0.29 per diluted share for the quarter ended March 31, 2024, compared to $1.1 million or $0.25 per share for the same period in 2023. The increase in net income was due to a decrease in general, administrative, and advisory costs, partially offset by a decrease in interest income.
Transcontinental Realty Investors, Inc. (NYSE:TCI) reported net income of $2.5 million or $0.30 per diluted share for the quarter ended March 31, 2024, compared to $3.5 million or $0.41 per diluted share in 2023. Total occupancy was 79%, rental revenues increased to $11.3 million, and net operating loss decreased to $1.3 million. The company extended the maturity of its loan on Windmill Farms.
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