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Abode Properties Announces Website Launch

TCI | August 29, 2016

Abode Properties Announces Website Launch

Abode Properties is pleased to announce the launch of its fully-featured website www.adobeproperties.com.

The new site offers quick and easy access to essential information for a comprehensive understanding of Abode’s services and business model. The site’s information includes detailed descriptions of the company’s current assets as well as full biographies of the executive team. The website goes live today, Monday, August 29.

“We are excited about our new website and the information it provides our investors and partners,” commented Daniel J. Moos, Chairman and CEO of Abode Properties. “The site embodies Abode’s forward-thinking vision for the multifamily market.”

Abode is continuously improving the experience in multifamily living. Our innovative Class A apartment homes reflect modern, warm, and relaxed lifestyle. Each amenity is purposely chosen with a particular style and experience in mind. We call it “Achieving Excellence.” Our residents call it their Abode.

Abode Properties represents a premium class of unparalleled multifamily residential properties. Abode’s investment and strategic focus is to acquire, develop, and maintain a portfolio of top tier Class A quality multifamily residential properties in emerging markets that correspond with both sustainable and viable economic growth activity. Our ability to identify investment opportunities, establish proven and successful operational practices, implement efficient on-site management, and obtain optimal debt structures sets us apart to realize maximum cash flows and consistent risk-adjusted returns. Enhanced shareholder value will continue to be generated through investments in both acquisition and development of sustainable Class A multifamily housing in focused secondary and tertiary markets. These markets, generally, represent high-growth suburban areas, where an increasing population and strong economic conditions signal long-term and resilient demand. An exceptional and forward thinking leadership team further complements our continued efforts to deliver a quality living experience for our residents, while diversifying our holdings through the Southwest and Southeast United States. Accordingly, Abode’s seasoned executive leadership team and expertise will continue to strategically manage cash flow, revenue, capital, and reserves, while focusing on increasing the overall equity base, optimizing leverage, and ensuring market diversification.

Abode Properties is a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI), a Dallas-based real estate investment company. Abode’s investment and strategic focus is to acquire, develop, and operate a portfolio of desirable multifamily residential properties, while capitalizing on our ability to obtain long term and static debt structures. The portfolio stands to benefit from historically established, proven, and successful operational practices, seasoned on-site management, and an experienced leadership team with forward thinking capabilities in order to realize maximum cash flows and consistent returns, while maintaining unequaled resident and customer service. We are disciplined and prudent allocators of capital, and we will continue growing our geographically diverse portfolio from the Southwest to the Southeast. These markets are geographically located in areas of the country that correspond with both sustainable and viable economic growth activity.