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Stock impact report

Southern Properties Capital Elects New Independent External Director

Transcontinental Realty Investors, Inc. (TCI) 
US:NYSE Investor Relations: transconrealty-invest.com
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)-- Southern Properties Capital (SPC), a subsidiary of Dallas-based real estate investment company Transcontinental Realty Investors, Inc. (NYSE: TCI), is pleased to announce its newly elected Independent External Director, Mr. Ehud Erez. The Company's Audit Committee recently confirmed that Mr. Ehud Erez complies with the criteria required for appointment as a non-external independent director of the Company, as well as a member of the Audit, Remuneration and Balance sheet Committees. With decades of experience, Mr. Erez is an economist and a highly regarded real estate investment manager active in the US and Canadian real estate markets. Mr. Erez received his B.A. degree in economics and accounting from Hebrew University of Jerusalem. He is a Certified Public Accountant and has lectured on advanced accounting issues at his alma mater and is the author of several articles a Show less Read more
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