Transcontinental Realty Investors, Inc. announced that resignation of Gene S. Bertcher as Executive Vice President and Chief Financial Officer. Mr. Bertcher has been Executive Vice President of the Company since February 2008 and Chief Financial Officer since November 2, 2009. At the time of his resignation as an officer of the Company, Mr. Bertcher had no disagreement with the company on any matter relating to the company's operations, policies or practices.

Mr. Bertcher is President, Chief Executive and Chief Financial Officer of New Concept Energy, Inc.