---
schema_version: "secwatch.filing_event.v1"
accession: "0000733590-21-000025"
form_type: "8-K"
ticker: "TCI"
cik: "0000733590"
company_name: "TRANSCONTINENTAL REALTY INVESTORS INC"
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:19:57.862451+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TCI reports Q3 net loss of $26.2M ($3.04/share); revenue down, office sale closed

## Summary
- Net loss of $26.2M ($3.04 diluted EPS) vs $7.7M loss ($0.88) in Q3 2020; rental revenue fell $1.8M to $9.6M.
- Sold 600 Las Colinas office building for $74.8M, net cash proceeds ~$38.8M after mortgage repayment.
- Refinanced Villas at Bon Secour with $20M loan at 3.08% (down 92bps), generated $8.9M additional proceeds.
- Total occupancy 93% (97% multifamily, 70% commercial); rent collection ~94%.

## SEC filing metadata
- accession: 0000733590-21-000025
- form_type: 8-K
- ticker: TCI
- cik: 0000733590
- company_name: TRANSCONTINENTAL REALTY INVESTORS INC
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733590/000073359021000025/0000733590-21-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000073359021000025/tci-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733590-21-000025
- JSON: https://secwatch.observer/filing/0000733590-21-000025.json
- Plain text: https://secwatch.observer/filing/0000733590-21-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.