UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
Date
of Report (Date of earliest event reported): March 31, 2006
TRANSCONTINENTAL REALTY INVESTORS, INC.
(Exact Name of Registrant as Specified in its Charter)
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| Nevada
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001-09240
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94-6565852 |
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| (State or other
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(Commission
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(I.R.S. Employer |
| jurisdiction of incorporation)
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File No.)
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Identification No.) |
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| 1800 Valley View Lane, Suite 300 |
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| Dallas, Texas
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75234 |
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| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code 469-522-4200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers
(b) Effective March 31, 2006, Mark W. Branigan, age 51, Executive Vice President—Multi-Family
Construction since September 2004, of Transcontinental Realty Investors, Inc. (the “Company”)
resigned to pursue other opportunities. Mr. Branigan held the same position with Income
Opportunity Realty Investors, Inc. (“IORI”) and American Realty Investors, Inc. (“ARL”), and he has
resigned from those entities effective March 31, 2006. Mr. Branigan was also Executive Vice
President—Residential (June 2001 to September 2004), a Director (September 2000 to June 2001), and
Executive Vice President and Chief Financial Officer (August 2000 to June 2001), of the Company,
IORI and ARL.
(c) Effective April 1, 2006, the Company appointed James D. Canon, III, age 44, to the
position of Executive Vice President—Multi-Family Construction. Mr. Canon has also been appointed
to the same position by IORI and ARL. Prior to his selection as an officer of the Company, Mr.
Canon was Managing Director (June 2003 to March 2006) of Tarragon Corporation, a New York
City-based real estate homebuilder and developer which has securities listed on the NASDAQ Market
System. Prior thereto (from November 2000 to March 2003), he was Vice President of Southwest
Housing Management, Inc., a Dallas, Texas-based real estate company, and prior thereto and for more
than five years, he was Senior Vice President (February 1992 to October 2000) of Basic Capital
Management, Inc., a Dallas, Texas-based real estate company.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly-caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto
duly-authorized.
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Dated: April 3, 2006 |
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TRANSCONTINENTAL REALTY |
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INVESTORS, INC. |
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By:
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/s/ Steven A. Abney |
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Steven A. Abney, Executive Vice President, |
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Chief Financial Officer and Acting Principal |
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Executive Officer |
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