Transcontinental Realty Investors Files 8-K

TL;DR

TCI filed an 8-K on 5/7/24 covering other events and financials.

AI Summary

Transcontinental Realty Investors, Inc. filed an 8-K on May 7, 2024, reporting on other events and financial statements. The company, incorporated in Nevada, is a Real Estate Investment Trust with its principal executive offices located in Dallas, Texas.

Why It Matters

This filing provides an update on significant corporate events and financial disclosures for Transcontinental Realty Investors, Inc., which is relevant for investors tracking the company's status.

Risk Assessment

Risk Level: low — This is a routine filing of an 8-K, which typically reports on events that have already occurred or are standard financial disclosures, without immediate new risks.

Key Numbers

• 001-09240 — SEC File Number (Identifies the company's filing with the SEC.)
• 94-6565852 — IRS Employer Identification Number (Company's tax identification number.)

Key Players & Entities

• Transcontinental Realty Investors, Inc. (company) — Registrant
• Nevada (jurisdiction) — State of Incorporation
• Dallas, TX (location) — Principal Executive Offices
• May 7, 2024 (date) — Date of Report

FAQ

Filing Documents

• tci-20240507.htm (8-K) — 26KB
• tci20240507ex101advisoragr.htm (EX-10.1) — 87KB
• 0000733590-24-000009.txt ( ) — 255KB
• tci-20240507.xsd (EX-101.SCH) — 2KB
• tci-20240507_lab.xml (EX-101.LAB) — 22KB
• tci-20240507_pre.xml (EX-101.PRE) — 13KB
• tci-20240507_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events On May 7, 2024, but effective for tax and accounting purposes at January 1, 2024, Transcontinental Realty Investors, Inc. ("TCI" or the "Company" or the "Registrant") and Pillar Income Asset Management, Inc. ("Pillar") entered into an Amended and Restated Advisory Agreement (the "Amended Agreement") which clarified and revised several separate fees into a single "Net Asset Value Fee" plus certain specified allocated reimbursements. Pillar has been the contractual Advisor to the Company since April 30, 2011, and has operated under the original Advisory Agreement dated April 30, 2011 for 13 years. The Amended Agreement, a copy of which is attached as Exhibit 10.1 does not change any duties or responsibilities of either Pillar or the Company. Section 9 – Financial Statements and Exhibits

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. The following exhibit is furnished with this Report: Exhibit No. Description 10.1 * Amended and Restated Advisory Agreement dated May 7, 2024 between Transcontinental Realty Investors, Inc. and Pillar Income Asset Management, Inc. _________________________ * Furnished herewith

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TRANSCONTINENTAL R EALTY I NVESTORS , I NC . Dated: May 7, 2024 By: /s/ ERIK L. JOHNSON Erik L. Johnson Executive Vice President and Chief Financial Officer (Principal Executive and Financial Officer)

View Full Filing

View this 8-K filing on SEC EDGAR