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.