Pillar Income Asset Management and Transcontinental Realty Investors recently held their annual Thanksgiving Food Drive in support of Single Parent Advocate (SPA).

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Pillar employees gather and load four carts of donated food for Single Parent Advocate. (Photo: Business Wire)

“We are thrilled to direct this year’s Pillar fall food drive donations to Single Parent Advocate,” said Chris Childress, Pillar Income’s Director of Human Resources. “SPA is a fantastic grassroots organization supporting DFW’s single parent families. We’ve participated in their school supplies program for the past several years and have seen firsthand what a difference they make in the lives of these families.”

Stacie Poythress, Single Parent Advocate’s Founder and President, accepted the donation, “Thank you to Pillar Income for supporting our food drive this year.” She continued, “We completely filled my car with your food items. We are so very grateful for your donation and the continued use of your 2010 Valley View Lane property as a distribution center.”

Single Parent Advocate is a non-profit organization committed to educating, equipping and empowering single parents with resources, practical assistance, emotional encouragement and social networking to better their lives, and those of their children. We are truly blessed to have a growing base of volunteers who selflessly and passionately possess the desire to help single parent families in need.

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.

Pillar Income Asset Management, Inc. (www.pillarincome.com) is a Dallas-based real estate management company, which develops and manages in excess of $2.5 billion of real estate for public and private real estate entities. Affiliated companies under management or advisement by Pillar include American Realty Investors, Inc. (NYSE: ARL); Transcontinental Realty Investors, Inc. (NYSE: TCI); Income Opportunity Realty Investors, Inc. (NYSE American: IOR); and Regis Property Management, LLC (www.regisinc.com).

Pillar Income Asset ManagementChris Childress, 469-522-4275press@pillarincome.com

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