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Stock impact report

Southern Properties Capital and Transcontinental Realty Investors Refinance More Than $30 Million With Fannie Mae

Transcontinental Realty Investors, Inc. (TCI) 
US:NYSE Investor Relations: transconrealty-invest.com
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--Southern Properties Capital and Victory Abode Apartments, subsidiaries of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, announced today that they successfully originated over $30 million with Fannie Mae to refinance Tattersall Village apartments in Hinesville, Georgia and Oceanaire Apartments in Biloxi, Mississippi.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191216005120/en/Tattersall Village Apartments in Hinesville, Georgia (Photo: Business Wire)“Our team worked diligently to close our first major transaction with Fannie Mae,” said Daniel J. Moos President & CEO of Transcontinental Realty Investors Inc. He continued, “This new lending relationship with one of the country’s largest and most trusted financial institutions is an exciting success for our organization.”Tattersall Village is an upscale, 222-unit garden-style apartment community Show less Read more
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