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Pillar Income Asset Management ("Pillar") is pleased to announce that Bradley J. Muth has joined the Company as President & Chief Executive Officer. In addition, Mr. Muth was also recently appointed as President & Chief Executive Officer of American Realty Investors, Inc., Transcontinental Realty Investors, Inc., and Income Opportunity Realty Investors, Inc. (collectively referred to herein as the "Companies"), which are each managed by Pillar. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220111005907/en/Bradley Muth, Pillar Income Asset Management's newly appointed President and CEO. (Photo: Business Wire) Mr. Muth will work w
Pillar Income Asset Management ("Pillar") is pleased to announce the appointment of Erik Johnson as President and Chief Executive Officer, effective immediately. In addition, Mr. Johnson was also appointed President and Chief Executive Officer of American Realty Investors, Inc. (NYSE:ARL), Transcontinental Realty Investors, Inc. (NYSE:TCI), and Income Opportunity Realty Investors, Inc. (NYSE:IOR), collectively referred to herein as the "Companies", which are each managed by Pillar. Mr. Johnson has served Pillar as Interim President since April 2023 and as Executive Vice and Chief Financial Officer since June 2020. He has also served as Executive Vice President and Chief Financial Officer
DEF 14A - INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ (0000949961) (Filer)
8-K - INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ (0000949961) (Filer)
10-Q - INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ (0000949961) (Filer)
Income Opportunity Realty Investors, Inc. (NYSE:IOR) is reporting its results of operations for the quarter ended September 30, 2024. For the three months ended September 30, 2024, we reported net income attributable to common shares of $1.2 million or $0.29 per diluted share compared to a net income of $1.6 million or $0.39 per share for the same period in 2023. Our decrease in net income is attributable to a decrease in interest income offset in part by a decrease in advisory fees. About Income Opportunity Realty Investors, Inc. Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests i
Income Opportunity Realty Investors, Inc. (NYSE:IOR) is reporting its results of operations for the quarter ended June 30, 2024. For the three months ended June 30, 2024, we reported net income attributable to common shares of $1.2 million or $0.28 per diluted share compared to a net income of $1.8 million or $0.44 per share for the same period in 2023. Our decrease in net income is attributable to a decrease in interest income offset in part by a decrease in advisory fees. About Income Opportunity Realty Investors, Inc. Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real e
Pillar Income Asset Management ("Pillar") is pleased to announce the appointment of Erik Johnson as President and Chief Executive Officer, effective immediately. In addition, Mr. Johnson was also appointed President and Chief Executive Officer of American Realty Investors, Inc. (NYSE:ARL), Transcontinental Realty Investors, Inc. (NYSE:TCI), and Income Opportunity Realty Investors, Inc. (NYSE:IOR), collectively referred to herein as the "Companies", which are each managed by Pillar. Mr. Johnson has served Pillar as Interim President since April 2023 and as Executive Vice and Chief Financial Officer since June 2020. He has also served as Executive Vice President and Chief Financial Officer
Income Opportunity Realty (AMEX:IOR) reported quarterly earnings of $0.29 per share. This is a 16 percent increase over earnings of $0.25 per share from the same period last year.
Income Opportunity Realty (AMEX:IOR) reported quarterly earnings of $0.60 per share. This is a 100 percent increase over earnings of $0.30 per share from the same period last year.