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Abode Properties CEO Daniel Moos Visits with Vice President Mike Pence and Majority Whip Steve Scalise at the National WWII Museum in New Orleans, Louisiana

October 23, 2018

DALLAS--(BUSINESS WIRE)--Oct 23, 2018--Abode Properties CEO Daniel Moos recently attended an event at The National WWII Museum in New Orleans, Louisiana, where he met Vice President Mike Pence and also visited with Majority Whip Steve Scalise who is also Congressman for Louisiana’s 1 st congressional district.

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Abode President and CEO, Daniel Moos with United States Vice President Mike Pence and Majority Whip Steve Scalise at The National WWII Museum in New Orleans, Louisiana. (Photo: Business Wire)

The National WWII Museum’s mission is to tell the story of the American experience in  the war that changed the world —why it was fought, how it was won, and what it means today—so that all generations will understand the price of freedom and be inspired by what they learn. Ranked by Trip Advisor as the number one attraction in New Orleans, the museum offer exhibits, multimedia experiences, and oral histories; as well as offering online experiences and educational travel programs.

“The National WWII Museum is such a special place. It was very meaningful to be there and tour the museum since both my father and step-father served in the Army during World War II,” commented Daniel Moos. “Meeting the Vice President and spending time with Mr. Scalise again was also such a huge honor.”

Mr. Moos went on to say, “Following the event, I took the opportunity to visit one of our newest projects, Sugar Mill Phase III in Baton Rouge, Louisiana. Abode Properties is a hands on developer and owner. We’re heavily involved through the development phase, lease up, and management of all of our assets.”

Mr. Moos also has a home in Southeast Louisiana, and Abode Properties has several apartment communities in the Baton Rouge area, as well as along the coast of Mississippi, Alabama, and Florida.

Sugar Mill Apartments in Addis, Louisiana is minutes from downtown Baton Rouge and provides easy access to I-10. The upscale gated residential community includes 80 one and two bedroom units each containing full kitchen and full size washer and dryer. The facilities include a club room with full kitchen and covered patio, business center, fitness center, and a resort style pool.

Pillar Income Asset Management, Inc. is a Dallas-based real estate management company, which develops and manages in excess of $2.5 billion of real estate for public and private real estate entities. Affiliated companies under management or advisement by Pillar include American Realty Investors, Inc. ( NYSE: ARL ); Transcontinental Realty Investors, Inc. (NYSE: TCI ); Income Opportunity Realty Investors, Inc. (NYSE American: IOT); and Abode Properties Inc.

Abode Properties a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI), a Dallas-based real estate investment company, represents a premium class of unparalleled multifamily residential properties. Abode’s investment and strategic focus is to acquire, develop, and maintain a portfolio of top tier Class-A quality multifamily residential properties in emerging markets that correspond with both sustainable and viable economic growth activity. Our ability to identify investment opportunities, establish proven and successful operational practices, implement efficient on-site management, and obtain optimal debt structures sets us apart to realize maximum cash flows and consistent risk-adjusted returns. Enhanced shareholder value will continue to be generated through investments in both acquisition and development of sustainable Class-A multifamily housing in focused secondary and tertiary markets. These markets, generally, represent high-growth suburban areas, where an increasing population and strong economic conditions signal long-term and resilient demand. An exceptional and forward thinking leadership team further complements our continued efforts to deliver a quality living experience for our residents, while diversifying our holdings through the Southwest and Southeast United States. Accordingly, Abode’s seasoned executive leadership team and expertise will continue to strategically manage cash flow, revenue, capital, and reserves, while focusing on increasing the overall equity base, optimizing leverage, and ensuring market diversification.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181023005407/en/

CONTACT: for Abode Properties

Jennifer Smoak, 469-522-4493

press@pillarincome.com

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA TEXAS

INDUSTRY KEYWORD: REIT CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Abode Properties

Copyright Business Wire 2018.

PUB: 10/23/2018 08:00 AM/DISC: 10/23/2018 08:01 AM

http://www.businesswire.com/news/home/20181023005407/en

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