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Transcontinental Realty Investors Inc. Closes the Sale of Two Assets

DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, is pleased to announce the recent sale of two older vintage properties, along the Gulf Coast area of Texas and Florida respectfully. The Texas property was built in 1999 and consisted of 144 units. The Florida property is a small garden property built in 1969.