Transcontinental Realty Q2 Net Loss Widened to $1.1M as Costs Rise
Transcontinental Realty Investors reported a net loss attributable to common shares of $1.1 million for the quarter ended June 30, 2026, reversing $0.2 million net income in the prior-year period. Revenue rose to $12.9 million, helped by lease-up at multifamily development properties and a $0.8 million gain on lot sales, but net operating loss widened to $2.3 million as operating expenses and depreciation increased.