News Press Releases

Transcontinental Realty Advisors and Pillar Income Asset Management Show Some Love to Family Gateway

TCI | March 2, 2016

TCI and its management company, Pillar Income Asset Management, recently held their annual “Show Some Love” Valentine event for Family Gateway of Dallas, Texas.

Pillar donated over 200 items to Family Gateway, Inc. in response to the organization’s urgent need for a few basic necessities. Items included towels, sheets, detergent, toothpaste and toothbrushes. “Year after year Pillar employees come through with donations to various Dallas organizations,” said Chris Childress, Manager of Pillar’s non-profit initiative. “This past Thanksgiving they also donated enough food to provide over 800 meals to North Texas Food Bank. I’m always impressed by how generous our employees are.”

Kathy Kidwell, Family Gateway’s Director of Volunteers, accepted Pillar’s donation. “Simply put, if it wasn’t for faithful supporters like you, we wouldn’t exist. So thank you and every employee of Pillar Income for supplying all the sheets, towels, bedding, detergent, hygiene products and many, many more amazing ‘in-kind’ donations that we need each and everyday to make a difference in the lives of the homeless children and their families we help each and everyday...truly from the bottom of our hearts ‘Thank you.’”

Family Gateway is a registered 501 (c)(3) non-profit organization that relies on the generosity of the Dallas community to help provide transitional housing and a comprehensive continuum of care to families with children experiencing homelessness. Since 1986, Family Gateway has been uniquely focused on family homelessness in Dallas County, offering over 10,000 children and their parents the help they need to recover from crisis and make positive choices for their future. For more information about Family Gateway, visit http://familygateway.org/Family_Gateway/Home.html.

Transcontinental Realty Investors maintains a strong emphasis on creating greater shareholder value through acquisition, financing, operation, developing, and sale of real estate across every geographic region in the United States. A New York Stock Exchange company, Transcontinental is traded under the symbol "TCI." Transcontinental produces revenue through the professional management of apartments, office buildings, warehouses, and retail centers that are "undervalued" or "underperforming" at the time of acquisition. Value is added under Transcontinental ownership, and the properties are repositioned into higher classifications through physical improvements and improved management. Transcontinental also develops new properties, such as luxury apartment homes principally on land it owns or acquires.

Pillar Income Asset Management, Inc. (www.pillarincome.com) is a Dallas-based real estate management company, which develops and manages in excess of $2.5 billion of real estate for public and private real estate entities. Affiliated companies under management or advisement by Pillar include American Realty Investors, Inc. (NYSE: ARL); Transcontinental Realty Investors, Inc. (NYSE: TCI); Income Opportunity Realty Investors, Inc. (NYSE MKT: IOT); and Regis Property Management, LLC (www.regisinc.com).