Recent Updates — TCI
Transcontinental Realty Investors reported a net loss of $1.1 million, or $0.13 per share, for the quarter ended June 30, 2026, compared to net income of $0.2 million, or $0.02 per share, in the prior year period. Total revenues increased by $0.7 million to $12.9 million, driven by lease-up activity at development properties and higher occupancy at Stanford Center. However, net operating loss widened significantly from $0.8 million to $2.3 million due to a $1.6 million increase in operating expenses associated with new leases. The company also sold 21 lots for $1.0 million, realizing an $0.8 million gain. Stabilized property occupancy stood at 81%, comprising 93% multifamily and 58% commercial space. Transcontinental Realty Investors operates as a real estate investment trust holding a diverse portfolio of office buildings, apartments, shopping centers, and land across the United States.