Transcontinental Realty Advisors and Pillar Income Asset Management Donate to Family Gateway’s Holiday Closet

DALLAS–(BUSINESS WIRE)–TCI and its management company, Pillar Income Asset
Management recently held a Holiday Toy Drive event for Family Gateway of
Dallas, Texas.

Pillar donated over 100 presents to Family Gateway, Inc. in response to
the organization’s Holiday Closet program. The Holiday Closet supports
over 200 families including over 500 children. Collected items included
toys, games, books, and sports equipment. “My car was completely packed
with toys,” said Chris Childress, HR Director and Manager of Pillar’s
non-profit initiative. “Our employees came through again this year.
Delivering our collected items to Family Gateway is one of my favorite
things to do.”

Kathy Kidwell, Family Gateway’s Director of Volunteers, accepted
Pillar’s donation: “All of our families who needed support enjoyed a
bright holiday season thanks to our holiday store and adopt-a-family
donors. Each family received new toys and gift cards to purchase
whatever was needed for the holidays. But the best gift was renewed hope
for our children and families.”

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).

Contacts

Pillar Income Asset Management
Chris Childress, 469-522-4275
press@pillarincome.com