---
schema_version: "secwatch.filing_event.v1"
accession: "0001010549-22-000160"
form_type: "8-K"
ticker: "TCI"
cik: "0000733590"
company_name: "TRANSCONTINENTAL REALTY INVESTORS INC"
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:38:35.910003+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Transcontinental Realty subsidiary signs $2.04B sale of 52 multifamily properties; expects $420M net cash flow

## Summary
- SPC (TCI subsidiary) and Macquarie JV VAA agree to sell 52 multifamily properties plus one direct property for ~$2.04B.
- Up to 45 properties sold to two private equity funds; remaining 7 (Holdback) sold to SPC itself.
- Expected net cash flow to SPC of ~$420M; TCI expects ~$100M dividend from SPC for tax liability.
- Closing expected within 75 days, subject to inspection and due diligence; $50M non-refundable deposit placed.
- SPC expects to remain compliant with debenture covenants and use proceeds for new investments and portfolio expansion.

## SEC filing metadata
- accession: 0001010549-22-000160
- form_type: 8-K
- ticker: TCI
- cik: 0000733590
- company_name: TRANSCONTINENTAL REALTY INVESTORS INC
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733590/000101054922000160/0001010549-22-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733590/000101054922000160/transcontinental8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001010549-22-000160
- JSON: https://secwatch.observer/filing/0001010549-22-000160.json
- Plain text: https://secwatch.observer/filing/0001010549-22-000160.txt

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