An unknown buyer acquired Toulon, a 240 unit multifamily property in Gautier, Mississippi from Transcontinental Realty Investors, Inc. (NYSE:TCI) for $26.8 million on January 14, 2022. The proceeds were used to pay off the mortgage note payable on the property and for general corporate purposes.

An unknown buyer completed the acquisition of Toulon, a 240 unit multifamily property in Gautier, Mississippi from Transcontinental Realty Investors, Inc. (NYSE:TCI) on January 14, 2022.