Sharon Hunt Resigns as Director and Member of Any Committee of the Board of Directors of Transcontinental Realty Investors
May 27, 2016 at 01:21 pm EDT
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By letter dated May 3, 2016 (received by mail on May 10, 2016), Sharon Hunt resigned as a Director of and a member of any committee of the Board of Directors of Transcontinental Realty Investors Inc. Ms. Hunt, age 73, had been a Director of the company since December 2014, when she was elected to fill a vacancy on the Board of Directors. Ms. Hunt was also previously a director of the company from February 20, 2004, to January 31, 2011. Ms. Hunt is retired.
Transcontinental Realty Investors, Inc. is a fully integrated, externally managed real estate company. The Company operates through two segments: the acquisition, development, ownership and management of multifamily properties, and the acquisition, development, ownership and management of commercial properties, which are primarily office properties. The services for its commercial segment include primarily rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include primarily rental of apartments and other tenant services, including parking and storage space rental. It holds a diverse portfolio of equity real estate located across the United States, including office buildings, apartments, shopping centers, and developed and undeveloped land. It invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate. It also holds mortgage receivables.
TRANSCONTINENTAL REALTY INVESTORS, INC. 
