Transcontinental Realty Investors, Inc. Ranked Among Top 150 Public Companies in DFW Metroplex
February 03 2017 - 8:00AM
Business Wire
Transcontinental Realty Investors, Inc. (TCI) was recently
included on the Dallas Morning News list of top 150 publicly traded
companies in Dallas-Fort Worth. This list is ranked by total
revenue during the 2015 fiscal year.
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View the full release here:
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Transcontinental Realty Investors, Inc.
CEO and President, Daniel J. Moos (Photo: Business Wire)
“I am pleased with Transcontinental Realty Investors’ inclusion
in the Dallas Morning News Top 150 Public Companies,” said CEO and
President Daniel J. Moos. “I attribute this honor to the hard work
and dedication of our employees, the quality assets in our
portfolio, and our outstanding external vendors and business
partnerships.”
Moos continued, “Our ranking further solidifies TCI’s strategic
vision for growth and commitment to enhanced shareholder value, as
indicated by Top 150 metrics. We’re also eager to continue building
TCI’s subsidiary, Abode Properties, with the same asset strength
and strategic focus as TCI.”
Transcontinental Realty Investors maintains a strong
emphasis on creating greater shareholder value through acquisition,
financing, operation, developing, and sale of real estate across
every geographic region in the United States. A New York Stock
Exchange company, Transcontinental is traded under the symbol
"TCI." Transcontinental produces revenue through the professional
management of apartments, office buildings, warehouses, and retail
centers that are "undervalued" or "underperforming" at the time of
acquisition. Value is added under Transcontinental ownership, and
the properties are repositioned into higher classifications through
physical improvements and improved management. Transcontinental
also develops new properties, such as luxury apartment homes
principally on land it owns or acquires.
Abode Properties is a subsidiary of Transcontinental Realty
Investors Inc., (NYSE: TCI), a Dallas-based real estate investment
company. Abode’s investment and strategic focus is to acquire,
develop, and operate a portfolio of desirable multifamily
residential properties, while capitalizing on our ability to obtain
long term and static debt structures. The portfolio stands to
benefit from historically established, proven, and successful
operational practices, seasoned on-site management, and an
experienced leadership team with forward-thinking capabilities in
order to realize maximum cash flows and consistent returns,
while maintaining unequaled resident and customer service. We are
disciplined and prudent allocators of capital and we will continue
growing our geographically diverse portfolio from the Southwest to
the Southeast. These markets are geographically located in areas of
the country that correspond with both sustainable and viable
economic growth activity.
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Pillar Income Asset ManagementChris Childress,
469-522-4275press@pillarincome.com
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