TRANSCONTINENTAL REALTY INVESTORS INC

General Transcontinental Realty Investors, Inc. is an externally managed real estate company that operates high-quality multifamily and commercial properties across the Southern United States. The company also invests in mortgage notes receivable and land held for appreciation or development. As of December 31, 2025, General Transcontinental Realty Investors, Inc. owned approximately 84.6% of the common stock of Income Opportunity Realty Investors, Inc. (IOR), which primarily invests in mortgage loans and real estate. General Transcontinental Realty Investors, Inc.'s business is managed by Pillar Income Asset Management, Inc. American Realty Investors, Inc. (ARL) owns approximately 78.4% of General Transcontinental Realty Investors, Inc.'s common stock.