---
schema_version: "secwatch.filing_event.v1"
accession: "0000733590-24-000022"
form_type: "8-K"
ticker: "TCI"
cik: "0000733590"
company_name: "TRANSCONTINENTAL REALTY INVESTORS INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:06:22.039759+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Transcontinental Realty Q3 net income falls to $1.7M from $4.5M; EPS $0.20 vs $0.52

## Summary
- Net income attributable to common shares $1.7M ($0.20 diluted EPS) vs $4.5M ($0.52) in Q3 2023.
- Rental revenues decreased to $11.1M from $11.8M YoY; total occupancy 79% (95% multifamily, 48% commercial).
- On Oct 18, completed a 45,000 sq ft lease at Stanford Center, first new lease after major renovation; occupancy up 14%, rent up 20%.
- On Oct 21, obtained $27.5M construction loan for 234-unit Mountain Creek multifamily project in Dallas; total cost ~$49.8M, expected completion 2026.
- On Jul 10, replaced existing loan on Forest Grove with $6.6M loan at SOFR+1.85%, maturing Aug 2031.

## SEC filing metadata
- accession: 0000733590-24-000022
- form_type: 8-K
- ticker: TCI
- cik: 0000733590
- company_name: TRANSCONTINENTAL REALTY INVESTORS INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733590/000073359024000022/0000733590-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000073359024000022/tci-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733590-24-000022
- JSON: https://secwatch.observer/filing/0000733590-24-000022.json
- Plain text: https://secwatch.observer/filing/0000733590-24-000022.txt

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