DALLAS--(BUSINESS WIRE)--Prime Income Asset Management (Prime), a Dallas-based advisory and management company to the real estate and energy sectors announced today that it’s public companies American Realty Investors, Inc. (NYSE: ARL - News) and Transcontinental Realty Investors, Inc. (NYSE: TCI - News) have been listed in the Dallas Business Journal’s list of Largest Metroplex Public Companies.
American Realty Investors, Inc. and Transcontinental Realty Investors Inc. are also continuously listed on the NASD100.com Top Stock Rankings of Dow 30, NASDAQ-100, and S&P 500 stocks. Most recently ARL ranked #417 out of over 2000 Best Performing Small Cap Stocks and TCI ranked #739 of over 2000 Small Cap Stocks with Highest Momentum.
“We are pleased with American Realty Investors’ and Transcontinental Realty Investors’ inclusion in the Dallas Business Journal’s Top 200 Public Companies. This is indicative of our effort to appropriately position our organization as to work through the challenging economic climate with a cautious, but optimistic view for the future,” said COO and president Daniel J. Moos.
American Realty Investors maintains a 38-year commitment to greater shareholder value through the acquisition, financing, operation and sale of real estate and real estate assets. From its beginning in 1983, Transcontinental Realty Investors has created greater shareholder value through acquisition, financing, operation and sale of real estate across every geographic region in the United States.
Prime Income Asset Management, LLC (www.primeasset.com) is a Dallas-based real estate management company and energy sector advisor, which owns, develops and manages in excess of $3.5 billion of commercial real estate for public and private real estate entities and advises energy companies with both domestic and international gas, oil and electricity operations. Affiliated companies also under management or advisement by Prime include American Realty Investors, Inc. (NYSE: ARL), Transcontinental Realty Investors, Inc. (NYSE: TCI) and Income Opportunity Realty Investors, Inc. (NYSE: IOT) Gene E. Phillips (www.genephillips.org) serves as an advisor.
Prime Income Asset Management
Chris Childress, 469-522-4275
press@primeasset.com
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