DALLAS--(EON: Enhanced Online News)--Transcontinental Realty Investors, Inc. (TCI) President and CEO, Daniel J. Moos, recently travelled to Israel to analyze possible financing opportunities, noting that Israel has been a viable market open to making investments in U.S. real estate companies.
“I also pointed out that a significant portion of TCI’s shares are predominately held by another Public Company (ARL); the Market doesn’t understand this, and as a result undervalues the stock price of TCI.”
“During my discussions with several groups and many Israeli financial institutions, reference was repeatedly made to the fact that TCI’s market cap was averaging only around $90 Million for the last several months. My general response centered around all of the significant accomplishments TCI has achieved, especially as we emerged from the recent U.S. real estate market collapse,” commented Daniel J. Moos. “I also pointed out that a significant portion of TCI’s shares are predominately held by another Public Company (ARL); the Market doesn’t understand this, and as a result undervalues the stock price of TCI.”
“In my opinion, the company is poised for both growth and enhanced shareholder value in the upcoming years. I am equally optimistic about the outlook for the U.S. economy, and TCI is uniquely positioned to benefit from the improving conditions,” continued Moos. “I am purchasing 285,000 shares of TCI stock, which approximates about a $3 Million investment, in addition to the shares I already own.”
Transcontinental Realty Investors, Inc. maintains a strong emphasis on creating enhanced shareholder value through acquisition, financing, operations, developing, and disposition of real estate across many geographic regions in the United States. A New York Stock Exchange company, Transcontinental is traded under the symbol "TCI." Transcontinental produces revenue through the ownership and 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.
American Realty Investors, Inc., a New York Stock Exchange Company (NYSE: ARL), maintains its commitment to greater shareholder value through the acquisition, financing, operation and sale of real estate and real estate assets. American Realty is highly diverse in location, with a portfolio of properties strategically located throughout the United States. Its holdings include apartments, office buildings, retail centers and parcels of land. At the time of purchase, acquisitions are often referred to as "undervalued" or "underdeveloped." Under ARL ownership, value is added through physical improvements as well as management improvements. The result is increased income through higher rental and occupancy rates and increased income.