• Transcontinental Realty Investors posted net income of $324,000 for quarter ended March 31, 2026, down from $4.78 million year earlier.
• Revenue fell to $12.34 million from $12.01 million, as multifamily revenue slipped to $8.43 million while commercial revenue climbed to $3.91 million.
• Segment operating income (NOI) dropped to $5.01 million from $6.03 million, driven by a $1.69 million decline in multifamily NOI that offset a $663,000 gain in commercial NOI.
• Interest income, net narrowed to $1.47 million from $2.85 million, reflecting lower interest income and higher interest expense tied to development properties placed in service in fourth-quarter 2025.
• During quarter, company sold 21 Windmill Farms lots for $1 million and booked $800,000 gain; it also spent $400,000 on reimbursable infrastructure investments tied to Windmill Farms development agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transcontinental Realty Investors Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-031845), on May 07, 2026, and is solely responsible for the information contained therein.