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Pillar Income Asset Management, Transcontinental Realty Investors Inc. and Abode Properties Continue Development, Land Sales, and Refinancing Projects

DALLAS--(BUSINESS WIRE)--Pillar Income Asset Management, as the management company for Transcontinental Realty Investors Inc. (NYSE: TCI), American Realty Investors, Inc. (NYSE: ARL), Income Opportunity Realty Investors, Inc. (NYSE American: IOR) and Abode Properties confirms that business operations are continuing steadily tied to daily operations. In addition, the company’s various multifamily development projects, land sales, and refinancing activities have continued.