Transcontinental Realty Investors Appoints Bradford A. Phillips to its Board of Directors
March 15, 2021 at 01:56 pm EDT
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Transcontinental Realty Investors, Inc. announced that its board of directors expanded the number of members of the Board from five to six and appointed Bradford A. Phillips to the vacancy created by the increase in a number of members of the Board from five to six, effective March 11, 2021. Mr. Phillips has served as Chairman of the Board, President, and Chief Executive Officer of Liberty Bankers Insurance Group of the Company since 1999.
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. 
