DALLAS--(BUSINESS WIRE)--This past weekend, Abode Properties CEO Daniel Moos attended the LSU/Wisconsin football game at Lambeau Field. It was the first college game ever played in the famed stadium. Mr. Moos has a home in Southeast Louisiana, and Abode Properties has several apartment communities in the Baton Rouge area.
“Though I was hoping for an LSU victory, it was still a great experience,” commented Daniel Moos. “I was impressed by how warm and welcoming the people of Green Bay and Wisconsin Badger fans are and the concern they showed about the floods that recently devastated my home state of Louisiana.”
Also in attendance were Paul Ryan, Speaker of the House, and Majority Whip Steve Scalise who is also Congressman for Louisiana’s 1st congressional district.
Mr. Moos went on to say, “Louisiana is still recovering from the August floods. We are assisting people who live in the affected area and several of our tenants at our Parc at Denham Springs property. It was clear from our discussions that both Speaker Ryan and Congressman Scalise are keenly aware of the challenges facing Louisiana and it is gratifying to have such concerned and dedicated representatives.”
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.
