TCI

Financial Performance: American Realty Investors, Inc. reported a net loss of $0.2 million for Q4 2024, an improvement from a $2.1 million loss in Q4 2023, with total occupancy at 81% and a decrease in rental revenues due to lower commercial property occupancy.

Recent Developments: The company completed a significant lease at Stanford Center, secured a construction loan for a new multifamily property in Dallas, settled long-standing litigation for $23.4 million, and sold single-family lots for a gain of $1.1 million.

Tender Offer Announcement: Transcontinental Realty Investors, Inc. announced a tender offer to purchase up to 100,000 shares of Income Opportunity Realty Investors, Inc. at $18 per share, with 21,128 shares validly tendered by the expiration date of January 29, 2025.

Company Background: Both Transcontinental Realty and Income Opportunity Realty are Dallas-based real estate investment companies, with TCI holding a diverse portfolio of equity real estate and IOR focusing on notes receivable and direct equity ownership in real estate.

Tender Offer Announcement: Transcontinental Realty Investors, Inc. has extended its tender offer to purchase up to 100,000 shares of Income Opportunity Realty Investors, Inc. at $18 per share until January 29, 2025, with at least 126,915 shares tendered as of the initial expiration date.

Company Background: Both Transcontinental Realty and Income Opportunity Realty are Dallas-based real estate investment companies involved in various real estate investments, including direct ownership and partnerships, with relevant tender offer materials available for stockholders.

Stock Market Overview: U.S. stock futures rose slightly, with the Dow gaining around 0.1%, while several stocks, including Southwest Airlines, experienced significant declines due to various factors such as lawsuits and financial results.

Notable Stock Movements: Southwest Airlines shares fell 3% following a lawsuit for delayed flights, and other companies like Transcontinental Realty Investors and C&F Financial Corporation saw steep pre-market drops of 31.8% and 15.3%, respectively.

TSMC Financial Performance: Taiwan Semiconductor Manufacturing Company (TSMC) reported a 57% year-over-year increase in net profit for the fourth quarter, reaching a record T$374.68 billion ($11.38 billion), leading to a 4.7% rise in its stock price during pre-market trading.

Pre-Market Stock Movements: Several stocks experienced significant changes in pre-market trading, with notable gainers including SOBR Safe, Inc. (+83.1%) and Powell Max Limited (+67.8%), while Transcontinental Realty Investors, Inc. saw the largest decline at -31.8%.

Tender Offer Extension: Transcontinental Realty Investors, Inc. has extended the expiration date for its tender offer to purchase shares of Income Opportunity Realty Investors, Inc. from January 15, 2025, to January 29, 2025, with all terms remaining unchanged.

Investor Information: Stockholders of Income Opportunity Realty Investors are encouraged to review the tender offer documents filed with the SEC and can contact D.F. King & Co., Inc. for additional information regarding the offer.

Tender Offer Announcement: Transcontinental Realty Investors, Inc. is initiating a cash tender offer to purchase up to 100,000 shares of Income Opportunity Realty Investors, Inc. at $18.00 per share, with the offer set to expire on January 15, 2025.

Voluntary Participation: The Board of Directors of IOR has not made any recommendations regarding the tendering of shares, leaving the decision entirely voluntary for stockholders, while TCI aims to increase its ownership stake in IOR.

Financial Performance: Transcontinental Realty Investors Inc. reported a net income of $1.7 million for the third quarter, equating to 20 cents per share.

Revenue Details: The company generated revenue of $11.6 million during the same period.

Key Financial Results: Transcontinental Realty Investors reported a revenue of US$11.8 million for Q2 2024, a decrease of 4% from the previous year, but net income rose significantly by 183% to US$1.50 million, resulting in an improved profit margin of 13%.

Stock Performance and Risk: The company's shares have declined by 1.1% over the past week, and there is one warning sign identified that investors should consider.

Financial Performance: American Realty Investors, Inc. reported a net income of $1.2 million for the three months ended June 30, 2024, an increase from $0.1 million in the same period of 2023, despite a slight decrease in rental revenues and occupancy rates.

Operational Changes: The company replaced a loan on Forest Grove with a new $6.6 million loan and significantly reduced its net operating loss due to lower general and administrative expenses related to previously repaid bonds.

Financial Performance: Transcontinental Realty Investors, Inc. reported a net income of $1.5 million for the three months ended June 30, 2024, an increase from $0.5 million in the same period last year, despite a slight decrease in rental revenues to $11.2 million.

Operational Highlights: The company's total occupancy was at 78%, with multifamily properties at 93% and commercial properties at 49%. Additionally, they replaced a loan on Forest Grove with a new $6.6 million loan maturing in 2031.

Transcontinental Realty Investors Press Release:

• Q1 GAAP EPS of $0.30.
• Revenue of $11.9M (+1.8% Y/Y).
• Total occupancy was 79% as of March 31, 2024.
• Occupancy rates include 94% at multifamily properties and 49% at commercial properties.
• Loan maturity on Windmill Farms extended to February 28, 2026, at an interest rate of 7.50%.

Financial Information for Transcontinental Realty Investors:

• Provides additional details or context about the company's financial status or performance.