Transcontinental Realty Advisors and Pillar Income Asset Management Donate School Supplies to Single Parent Advocate

TCI and its management company, Pillar Income Asset Management held a “Back to School” supplies donation event for the Single Parent Advocate organization of Dallas, Texas.

Employees donated over 150 various school supply items and backpacks in response to the organization’s annual backpack giveaway. “Without fail, I am always impressed by our employees’ willingness to volunteer and donate,” said Chris Childress, Vice President of Administration. “We collected a ton of items, and a few employees even volunteered to help Single Parent Advocate pick up at other donation sites.”

“We were also able to donate the use of a suite in our 2010 Valley View Lane location,” said Rick Conley, President of Pillar’s Regis Property Management division. “This gave the organization’s volunteers a large safe air-conditioned space to stuff backpacks and organize for distribution.”

Chris Bunkoff, Single Parent Advocate’s Executive Director, accepted the donation, “I want to thank you for getting on board with our effort to bless kids from single parent homes. I appreciate your care for these families.”

Single Parent Advocate is a non-profit organization committed to educating, equipping and empowering single parents with resources, practical assistance, emotional encouragement and social networking to better their lives, and those of their children. We are truly blessed to have a growing base of volunteers who selflessly and passionately possess the desire to help single parent families in need.

Transcontinental Realty Investors maintains a strong emphasis on creating greater shareholder value through acquisition, financing, operation, developing, and sale of real estate across every geographic region in the United States. A New York Stock Exchange company, Transcontinental is traded under the symbol "TCI". Transcontinental produces revenue through the 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.

Pillar Income Asset Management, Inc. (www.pillarincome.com) is a Dallas-based real estate management company, which develops and manages in excess of $2.5 billion of real estate for public and private real estate entities. Affiliated companies under management or advisement by Pillar include American Realty Investors, Inc. (NYSE: ARL); Transcontinental Realty Investors, Inc. (NYSE: TCI); Income Opportunity Realty Investors, Inc. (NYSE MKT: IOT); and Regis Property Management, LLC (www.regisinc.com).