Pillar Income Asset Management Donates New Shoes to Family Gateway

Pillar Income Asset Management and Transcontinental Realty Investors held their annual Valentine donation event in support of Family Gateway Inc. of Dallas, Texas. This year’s theme was “Shoe Some Love,” a play on previous year’s Show Some Love events. Employees were challenged with donating new tennis shoes for kids of all ages.

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Pillar Income Asset Management donates over 40 pairs of tennis shoes to Family Gateway Inc. (Photo: Business Wire)

Pillar donated 42 pairs of shoes in response to the organization’s Wish List. “I love shoes, so this donation event was particularly fun for me,” said Chris Childress, Vice President of Human Resources and Manager of Pillar’s non-profit initiative. “Our HR Generalist, Sarah Rini, came up with the creative title and our employees really got into it. They donated shoes ranging from toddler to teenager; some even light up!” Childress continued, “In addition to 42 pairs of tennis shoes our CEO, Daniel Moos, donated $200 dollars for more shoes or any other items they may need.”

Kathy Kidwell, Family Gateway’s Director of Community Engagement, accepted Pillar’s donation. “We are beyond grateful for Pillar Income Asset Management and the shoes they donated. Providing stability and life-changing supportive services to children and families affected by homelessness would not be possible without community partners like Pillar Income.”

About Family Gateway

As the county-wide point of entry (access point) for families with children experiencing or near homelessness, Family Gateway believes in providing housing first and then using trauma-informed services to help break the cycle of poverty. The mission of Family Gateway is to provide stability and life-changing supportive services to children and families affected by homelessness. For more information, visit www.familygateway.org.

About Pillar Income Asset Management

Pillar Income Asset Management, Inc. (www.pillarincome.com) 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. Income Opportunity Realty Home; and Regis Property Management, LLC (www.regisinc.com).

About Transcontinental Realty Investors

Transcontinental Realty Investors maintains a strong emphasis on creating greater shareholder value through acquisition, financing, operation, development, and sale of real estate across every geographic region in the United States. A New York Stock Exchange company, Transcontinental is traded under the symbol "TCI". Transcontinental produces revenue through the ownership and professional management of income producing apartments and office buildings that are "undervalued" or "underperforming" at the time of acquisition. Value is added under Transcontinental ownership, and the properties are repositioned into higher classifications through physical improvements and improved management. Transcontinental has dramatically expanded its development capabilities associated with luxury apartment homes through its wholly owned subsidiary Abode Properties, principally on land it owns or acquires.

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Chris Childress, Pillar Income Asset Management469.522.4275 / [e-mail]