Transcontinental Realty Investors, Inc. announced that Effective August 14, 2020, Daniel J. Moos President of Transcontinental Realty Investors, Inc. ceased to be and resigned as President as well as all positions with any United States subsidiary entities. Mr. Moos noted that his resignation is not the result of any disagreement with the Company, its management, the Board of Directors or any committee of the Board with respect to procedures, policies or operations of the Issuer. Effective as of August 17, 2020, the Board of Directors of the Company appointed Erik L. Johnson as Executive Vice President of the Company. Mr. Johnson most recently was Vice President of Financial Reporting of The Macerich Company in Santa Monica, California, a position he held for more than the past five years, from 2005 through June 2020.