|
|
|
|
|
07.08.25 - 23:06
|
Transcontinental Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025 (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $0.2 million or $0.02 per diluted share, compared to $1.5 million or $0.17 per diluted share for the same period in 2024.
Financial Highlights
Total occupancy was 82% at June 30, 2025, which includes 94% at our multifamily properties and 57% at our commercial properties.
During the three months ended June 30, 2025, we sold 30 single family lots from our holdings in Windmill Farms for $1.4 million, resulting in a gain on sale of $1.1 million.
On May 30, 2025, we paid off the $10.8 million loan on 770 South Post Oak with cash on hand.
Financial Results
Rental revenues increased $0.3 million from $11.2 million for the three months ended June 30, 2024 to $11.5 million for the three months ended June 30, 2025. The increase in rental revenue is primarily due to...
|
|
|
|
|
08.05.25 - 23:36
|
Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended March 31, 2025 (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) is reporting its results of operations for the three months ended March 31, 2025. For the three months ended March 31, 2025, we reported net income attributable to common shares of $4.6 million or $0.53 per diluted share, compared to $2.5 million or $0.30 per diluted share for the same period in 2024.
Financial Highlights
Total occupancy was 80% at March 31, 2025, which includes 94% at our multifamily properties and 53% at our commercial properties.
On December 13, 2024, we sold 30 single family lots from our holdings in Windmill Farms for $1.4 million, resulting in a gain on sale of $1.1 million.
Financial Results
Rental revenues increased $0.1 million from $11.3 million for the three months ended March 31, 2024 to $11.4 million for the three months ended March 31, 2025. The increase in rental revenue is primarily due to an increase in rents at our multifamily properties.
Net operating loss decreased $0.7 million from $1.3 milli...
|
|
|
|
|
20.03.25 - 22:33
|
Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended December 31, 2024 (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended December 31, 2024. For the three months ended December 31, 2024, we reported net income attributable to common shares of $0.1 million or $0.01 per diluted share, compared to a net loss of $2.6 million or $0.30 per diluted share for the same period in 2023.
Financial Highlights
Total occupancy was 81% at December 31, 2024, which includes 94% at our multifamily properties and 53% at our commercial properties.
On October 18, 2024, we completed a 45,000 square foot lease at Stanford Center. This is the first new lease at the property following our major renovation of the property. The new lease provides a 14% increase in occupancy to the property and a 20% increase in rent per square foot over recent expired leases at the property. The lease is expected to commence in April 2025.
On October 21, 2024, we obtained a $27.5 million construction loan to finance the developme...
|
|
|
30.01.25 - 23:18
|
Transcontinental Realty Investors, Inc Announces Number of Shares Received in Tender Offer Which Expired January 29, 2025 (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that at the extended scheduled expiration time on January 29, 2025 at 5 pm local New York City time, the Depositary for the previously announced tender offer to purchase up to 100,000 shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per Share, net to the seller in cash without interest and less any required withholding taxes (the “Offer”), at least 21,128 Shares had been validly tendered and not withdrawn from the tender offer.
Equiniti Trust Company, LLC, as the Depositary for the Offer, advised that of the Shares finally tendered, approximately 12,751 Shares are from CEDE and 8,377 Shares are from holders of record. TCI has determined to purchase all Shares tendered and waive any minimum condition requirement. Payment for Shares tendered is being made as promptly as possible by the Depositary. Purchase by TCI of the...
|
|
|
16.01.25 - 23:06
|
Transcontinental Realty Investors, Inc Announces Preliminary Number of Shares Received in Tender Offer Which Has Been Extended to January 29, 2025 (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that as of the initial scheduled expiration time on January 15, 2025 at 5 pm local New York City time the Depositary for the previously announced tender offer to purchase up to 100,000 shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per Share, net to the seller in cash without interest and less any required withholding taxes (the “Offer”), which has been extended to 5 pm local New York City time on January 29, 2025 that at least 126,915 Shares had been tendered and not withdrawn from the tender offer. All terms and conditions of the tender offer remain unchanged.
Equiniti Trust Company, LLC, as the Depositary for the offer, advised that of the Shares tendered, approximately 121,358 Shares are from CEDE and 5,557 Shares are from holders of record. While the number of Shares tendered as of the initial scheduled expirat...
|
|
|
14.01.25 - 23:06
|
Transcontinental Realty Investors, Inc. Extends Limited Tender Offer for Income Opportunity Realty Investors, Inc. Shares to January 29, 2025 (Business Wire)
|
|
|
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that it had extended the expiration date and time of the previously announced limited tender offer to purchase shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per shares, net to the seller in cash without interest and less any required withholding taxes (the “Offer”) to 5:00 o'clock p.m. New York City time on Wednesday, January 29, 2025, unless further extended (the “Expiration Time”). The tender offer was previously scheduled to expire at 5:00 o'clock p.m., New York City time on January 15, 2025. All of the terms and conditions of the tender offer remain unchanged.
Equiniti Trust Company, LLC, as the Depositary for the tender offer has advised TCI that, as of 5:00 o'clock p.m., New York City time on January 13, 2025, two IOR stockholders of record had tendered Shares and a number of Shares had been validly te...
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
