Pillar Income Asset Management Donates School Supplies to Single Parent Advocate

DALLAS–(BUSINESS WIRE)–Pillar Income Asset Management and Transcontinental Realty Investors
held their third annual “Back to School” supplies donation event in
support of Single Parent Advocate organization of Dallas Texas.

Employees again donated various school supply items and backpacks in
response to the organization’s annual backpack giveaway. However, “This
year was even better than the last,” said Chris Childress Director of
Human Resources. “Several of our employees volunteered to provide
handwritten notes for each of the kids. Giving each child an extra word
of encouragement for the new school year really made our participation
even more meaningful.”

“Pillar stepped up again this year, and donated all 75 clear backpacks
needed to meet our donation goals,” said Stacie Poythress, Single Parent
Advocate’s Founder and President. “They also donated the use of an
office suite to stage our donations and distribute backpacks. We’re so
very thankful for Pillar’s continued support.”

Parent Advocate
is a non-profit organization committed to educating,
equipping and empowering single parents with resources, practical
assistance, emotional encouragement and social networking to better
their lives, and those of their children. We are truly blessed to have a
growing base of volunteers who selflessly and passionately possess the
desire to help single parent families in need.

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.

Income Asset Management, Inc.
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:
); Transcontinental Realty Investors, Inc. (NYSE:
); Income Opportunity Realty Investors, Inc. (NYSE
); and Abode Properties Inc.


Pillar Income Asset Management
Chris Childress, 469-522-4275