Transcontinental Realty Investors Reports Q3 Net Income of $0.7 Million on Higher Revenues

Reuters
2025.11.06 17:45
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Transcontinental Realty Investors, Inc. reported Q3 2025 net income of $0.7 million, down from $1.7 million in Q3 2024. Revenues rose to $12.8 million, driven by increased occupancy in multifamily and commercial properties. Total occupancy reached 82%, with multifamily at 94% and commercial at 58%. Operating loss decreased to $1.4 million despite a $1.0 million rise in operating expenses. The company sold a 200-unit multifamily property for $28,000, using proceeds to pay off a loan and for corporate purposes.

Transcontinental Realty Investors, Inc. (NYSE: TCI) reported its results for the quarter ended September 30, 2025. The company posted net income attributable to common shares of $0.7 million, or $0.08 per diluted share, compared to $1.7 million, or $0.20 per diluted share, for the same period in 2024. Revenues increased by $1.2 million, rising from $11.6 million in the third quarter of 2024 to $12.8 million in the third quarter of 2025. The increase in revenue was primarily due to a $0.3 million rise from multifamily properties and a $1.0 million increase from commercial properties, mainly attributed to higher occupancy at Stanford Center. Total occupancy as of September 30, 2025, was 82%, with 94% occupancy at multifamily properties and 58% at commercial properties. Net operating loss decreased to $1.4 million from $1.7 million a year earlier, reflecting higher revenues offset by a $1.0 million increase in operating expenses, mainly from costs associated with lease-up properties and general and administrative expenses. The company also reported the sale of Villas at Bon Secour, a 200-unit multifamily property in Gulf Shores, Alabama, for $28,000 on October 10, 2025, with proceeds used to pay off an $18,767 loan and for general corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transcontinental Realty Investors Inc. published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here