DALLAS, Nov. 28, 2000 (PRIMEZONE) -- Basic Capital Management, Inc. announced Tuesday that the company and the three publicly traded affiliates it advises, American Realty Investors, Inc. (NYSE:ARL); Transcontinental Realty Investors, Inc. (NYSE:TCI) and Income Opportunity Realty Investors, Inc. (AMEX:IOT), have relocated their headquarters to One Hickory Centre in the Mercer Crossing business development.
One Hickory Centre and its twin, Two Hickory Centre, are Class A office buildings located in northwest Dallas that were developed in 1998-99 by their owner, American Realty Investors, Inc.
Contact information is outlined below:
American Realty Investors, Inc. (NYSE:ARL) www.amrealtytrust.com Transcontinental Realty Investors, Inc. (NYSE:TCI) www.transconrealty-invest.com Income Opportunity Realty Investors, Inc. (AMEX:IOT) www.incomeopp-realty.com 1800 Valley View Lane, Suite 300, Dallas, Texas 75234 Main Telephone: 469-522-4200 Main Fax: 469-522-4299 Investor Relations contact: Phyllis Wolper Investor Relations Telephone: (800) 400-6407, (469) 522-4245 Investor Relations Fax: (469) 522-4290 E-mail: investor.relations@bcminc.com Web site: www.bcm-inc.com
Basic Capital Management, Inc. is a Dallas-based real estate advisory company that manages a diverse portfolio of properties located across the United States, as well as interests in mortgage loans.