Pillar Income Asset Management Donates Over 600 Pairs of Socks to Single Parent Advocate

Pillar Income Asset Management and Transcontinental Realty Investors held their annual summer donation event in support of Single Parent Advocate organization of Dallas, Texas.

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Pillar Income Asset Management/Regis Property Management employees volunteer at Single Parent Advocate’s Back To School Supplies Party at Circle R Ranch in Flower Mound, Texas (Photo: Business Wire)

Chris Childress, Pillar’s Vice President of HR & Administration commented, “Single Parent Advocate had a record year collecting school supplies, so we decided to fulfill another ongoing need for the organization with a Stock the Socks event collecting over 600 pairs of socks for kids of all ages.” She continued, “We also provided over 200 handwritten notes for each of the kids and parents going back to school.”

“Pillar’s volunteer turnout was such a great help,” said Stacie Poythress, Single Parent Advocate’s Founder and President. “They donated a huge amount of fun socks, over 25 scientific calculators, 230 hand written notes, and several employees volunteered at the Back To School Supplies Party where our organization donates hundreds of filled backpacks.”

About Single Parent Advocate

Single Parent Advocate is a non-profit organization committed to educating, equipping and empowering single parents with resources, practical assistance, emotional encouragement and social networking to better their lives, and those of their children. We are truly blessed to have a growing base of volunteers who selflessly and passionately possess the desire to help single parent families in need.

About Pillar Income Asset Management

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: IOR); and Abode Properties Inc.

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 Management 469.522.4275 / [e-mail]