{"schema_version":"secwatch.filing_event.v1","accession":"0000733590-22-000019","form_type":"8-K","ticker":"TCI","cik":"0000733590","company_name":"TRANSCONTINENTAL REALTY INVESTORS INC","filed_at":"2022-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.051265+00:00","generated_at":"2026-06-23T08:56:45.158225+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Transcontinental Realty closes $1.8B portfolio sale; plans $100M dividend","bullets":["Sold 46 multifamily properties to two private equity funds for total of ~$1.8B; proceeds net of debt and costs ~$974M.","Southern Properties Capital (subsidiary) will receive ~$184M initial distribution and ~$185M second distribution ~45 days later.","SPC gains control of seven remaining 'Holdback Properties' encumbered by HUD-insured mortgages after HUD approval.","TCI expects ~$100M dividend distribution to shareholders in Q4 2022 to cover tax liability from the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0000733590-22-000019","json":"https://secwatch.observer/filing/0000733590-22-000019.json","markdown":"https://secwatch.observer/filing/0000733590-22-000019.md","text":"https://secwatch.observer/filing/0000733590-22-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733590/000073359022000019/0000733590-22-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733590/000073359022000019/tci-20220919.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T08:56:45.158225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}