Transcontinental Realty Investors, Inc. Experiences Steady Stock Growth

  Transcontinental Realty Investors, Inc. Experiences Steady Stock Growth

Business Wire

DALLAS -- January 30, 2014

Transcontinental Realty Investors, Inc. (TCI) today recognized a 249% increase
in stock value over the period of eighteen months. TCI’s common stock had a
quoted value per share of approximately $10.58 as of January 30, 2014.

“As we look back on our strategic commitment to fortify our portfolio, we are
pleased to see solid results. This is evidenced by both our residential and
commercial occupancy levels running higher than last year, and significantly
higher over the previous several years,” stated CEO and President Daniel J.
Moos. “We’re also starting to see new development opportunities, which should
provide us with enhanced ability to sell various land assets. We will continue
to adapt to the improved results in the Texas and surrounding regions’ real
estate market and are cautiously optimistic about the future as the market
continues to improve.”

With over 40 years in the real estate industry, Gene Phillips, advisory source
to Pillar Income Asset Management, Inc., notes that the changes in the current
market are in keeping with his experience through previous recessions. “The
U.S. residential real estate market grew steadily in 2013 and I foresee steady
growth in commercial real estate in 2014. It’s commonly known that the U.S.
economy recovers on the back of the real estate industry. In particular, a low
tax environment and low cost of living enhance Texas recovery even further as
major investors and corporations look to our state and neighboring states for
relocation and development opportunities.”

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

Pillar Income Asset Management, Inc. ( 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 MKT: IOT); and Regis
Property Management, LLC (


Pillar Income Asset Management,
Investor Relations
Patty Murphy, 1-800-400-6407
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