Transcontinental Realty acquires multifamily property in Louisiana

• Southern Properties Capital, a subsidiary of Transcontinental Realty Investors (NYSE:TCI -1.7%), acquires Landing at Bayou Cane, a multifamily community in Houma, LA.
• Terms of the deal weren't disclosed.
• Property and unit amenities include garden tubs, sunrooms in select units, private balconies, full size in-unit washer and dryers, pool, sand volleyball court, dog park, and rentable detached garages.