Pillar Income Asset Management Appoints Erik Johnson As President And CEO; Also Named President And CEO Of American Realty Investors, Transcontinental Realty Investors, And Income Opportunity Realty Investors

5/29/24 10:43:01 AM ET

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Pillar Income Asset Management Appoints Erik Johnson As President And CEO; Also Named President And CEO Of American Realty Investors, Transcontinental Realty Investors, And Income Opportunity Realty Investors

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Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024
Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended September 30, 2024. For the three months ended September 30, 2024, we reported net income attributable to common shares of $1.7 million or $0.20 per diluted share, compared to a net income of $4.5 million or $0.52 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 79% at September 30, 2024, which includes 95% at our multifamily properties and 48% at our commercial properties. On July 10, 2024, we replaced the existing loan on Forest Grove with a $6.6 million loan that bears interest at SOFR plus 1.85% and matures on August 1, 2031.
11/7/24 5:00:00 PM ET
$TCI
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American Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024
American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended September 30, 2024. For the three months ended September 30, 2024, we reported net income attributable to common shares of $17.5 million or $1.08 per diluted share, compared to net income attributable to common shares of $3.0 million or $0.18 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 79% at September 30, 2024, which includes 95% at our multifamily properties and 48% at our commercial properties. On July 10, 2024, we replaced the existing loan on Forest Grove with a $6.6 million loan that bears interest at SOFR plus 1.85% and matures
11/7/24 5:00:00 PM ET
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$TCI
Other Consumer Services
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Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024
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
11/7/24 5:00:00 PM ET
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Pillar Income Asset Management Appoints Erik Johnson As President And CEO; Also Named President And CEO Of American Realty Investors, Transcontinental Realty Investors, And Income Opportunity Realty Investors

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Recent Analyst Ratings for
$ARL
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SEC Filings

Income Opportunity Realty Investors Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Income Opportunity Realty Investors Inc.

American Realty Investors Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

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Insider Trading

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SEC Form 4: Phillips Bradford A. disposed of 10,600 shares

SEC Form 4 filed by Phillips Bradford A.

SEC Form 4 filed by Phillips Bradford A.

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Large Ownership Changes

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Independent Research initiated coverage on Aareal Bank AG (ARL.F) with a new price target

SEC Form SC 13D/A filed by American Realty Investors Inc. (Amendment)

SEC Form SC 13D filed by Transcontinental Realty Investors Inc.

SEC Form SC 13D filed by American Realty Investors Inc.

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Leadership Updates

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Pillar Income Asset Management Announces Appointment of Erik Johnson as President and Chief Executive Officer

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Financials

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Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

American Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

Pillar Income Asset Management and Affiliates Announce New President and CEO

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Market Insights

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Pillar Income Asset Management Appoints Erik Johnson As President And CEO; Also Named President And CEO Of American Realty Investors, Transcontinental Realty Investors, And Income Opportunity Realty Investors

Income Opportunity Realty Q1 EPS $0.29 Up From $0.25 YoY

Transcontinental Realty Q1 EPS $0.30 Down From $0.41 YoY, Sales $11.90M Up From $11.69M YoY

Pillar Income Asset Management Appoints Erik Johnson As President And CEO; Also Named President And CEO Of American Realty Investors, Transcontinental Realty Investors, And Income Opportunity Realty Investors

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Recent Analyst Ratings for $ARL$IOR$TCI

$ARL$IOR$TCI SEC Filings

Income Opportunity Realty Investors Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Income Opportunity Realty Investors Inc.

American Realty Investors Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$ARL$IOR$TCI Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Phillips Bradford A. disposed of 10,600 shares

SEC Form 4 filed by Phillips Bradford A.

SEC Form 4 filed by Phillips Bradford A.

$ARL$IOR$TCI Analyst Ratings

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$ARL$IOR$TCI Large Ownership Changes

This live feed shows all institutional transactions in real time.

Independent Research initiated coverage on Aareal Bank AG (ARL.F) with a new price target

SEC Form SC 13D/A filed by American Realty Investors Inc. (Amendment)

SEC Form SC 13D filed by Transcontinental Realty Investors Inc.

SEC Form SC 13D filed by American Realty Investors Inc.

$ARL$IOR$TCI Leadership Updates

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Pillar Income Asset Management Announces Appointment of Erik Johnson as President and Chief Executive Officer

$ARL$IOR$TCI Press Releases

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$ARL$IOR$TCI Financials

Live finance-specific insights

Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

American Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

Pillar Income Asset Management and Affiliates Announce New President and CEO

$ARL$IOR$TCI Market Insights

Live Market Insights

Pillar Income Asset Management Appoints Erik Johnson As President And CEO; Also Named President And CEO Of American Realty Investors, Transcontinental Realty Investors, And Income Opportunity Realty Investors

Income Opportunity Realty Q1 EPS $0.29 Up From $0.25 YoY

Transcontinental Realty Q1 EPS $0.30 Down From $0.41 YoY, Sales $11.90M Up From $11.69M YoY

Recent Analyst Ratings for
$ARL
$IOR
$TCI

$ARL
$IOR
$TCI
SEC Filings

$ARL
$IOR
$TCI
Insider Trading

$ARL
$IOR
$TCI
Analyst Ratings

$ARL
$IOR
$TCI
Large Ownership Changes

$ARL
$IOR
$TCI
Leadership Updates

$ARL
$IOR
$TCI
Press Releases

$ARL
$IOR
$TCI
Financials

$ARL
$IOR
$TCI
Market Insights