TCI Transcontinental Realty Investors Inc

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

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

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170118005093/en/

TCI and Pillar Income Asset Management toy collection for Family Gateway’s Holiday Closet (Photo: Bu ...

TCI and Pillar Income Asset Management toy collection for Family Gateway’s Holiday Closet (Photo: Business Wire)

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).

EN
18/01/2017

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