MarketPR

TCI swings to $0.13 Q2 loss as lease-up costs outpace revenue gain

8/6/2026

The print for Transcontinental Realty Investors (NYSE: TCI) in the quarter ended June 30, 2026 is a $1.1 million net loss attributable to common shares, or $0.13 per share, against $0.2 million net income and $0.02 per share in Q2 2025.

Total revenue rose to $12.9 million from $12.2 million, a $0.7 million gain the company attributes to its multifamily and commercial segments.

Property operating expenses expanded $1.6 million in the same window, and the net operating loss widened to $2.3 million from $0.8 million.

Expenses in the detail Property operating expenses reached $8.2 million in Q2 2026, up from $6.5 million a year earlier, attributed to lease-up activity at the development portfolio.