The InterGroup

What The InterGroup does

The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company operating in real estate and hospitality. Formed in 1985 in Delaware as the successor to Mutual Real Estate Investment Trust (originally established 1965 and public since 1966), the company maintains a portfolio of multi-family residential properties (16 apartment complexes, 2 single-family houses) and commercial real estate (2 commercial buildings, 2 unimproved parcels) located in Texas and Southern California. It also operates a securities investment program overseen by its chairman. The company is headquartered at 1516 S. Bundy Drive, Suite 200, Los Angeles, CA 90025, with a small corporate headcount of 11–50 employees, and is led by Chairman and President John V. Winfield.

The company derives the substantial majority of its revenue from its hospitality segment, held through a 75% ownership stake in Portsmouth Square, Inc., which owns and operates the 558-room Hilton San Francisco Financial District at 750 Kearny Street. The hotel is managed by Prism Hospitality L.P. under a long-term partnership, with ancillary operations handled by Ace Parking (parking) and Tru Spa (spa lease). The business model combines recurring rental income from a geographically diversified residential and commercial real estate portfolio with branded hotel operations, monetized through room revenue, food and beverage, parking, and spa concessions.

In Q3 FY2026, The InterGroup reported total revenue of $20.372 million (up 21% year-over-year), driven by hotel segment revenue of $16.497 million (up 35% YoY and exceeding pre-pandemic levels by $1.028 million). GAAP net income of $0.595 million reversed a prior-year loss, and income from operations of $4.260 million was up 81% YoY. The company held $13.4 million in cash and restricted cash as of September 30, 2025, refinanced the hotel in March 2025, and regained Nasdaq listing compliance during 2025, removing prior structural overhangs.

Name

The InterGroup

Legal name

The InterGroup Corporation

Website

https://intgla.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company operating multi-family and commercial real estate in Texas and Southern California, and owning 75% of Portsmouth Square, Inc., which operates the 558-room Hilton San Francisco Financial District. It is led by Chairman/President John V. Winfield.

Ownership category

akta.pro rank

Product category

Diversified Real Estate and Hospitality Operations

NAICS

Hotels (except Casino Hotels) and Motels (72111), Residential Property Managers (531311), Management of Companies and Enterprises (551)

SIC

Hotels & Motels (7011), Real Estate Investment Trusts (6798), Real Estate (6500)

akta.pro primary industry

Integrated Full-Service Hotel Complexes (Mixed-Use) (THAGAAAL)

akta.pro secondary industries

Real Estate (Commercial Property, REITs) (FSABACAH), Corporate Conference Center Hotels (THAGALAF)

Keywords

• Multi-family real estate
• Commercial real estate
• Hotel operations
• Hospitality management
• Real estate investment

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Hotel Operations: Revenue generated from hotel operations including room rentals, food and beverage services, parking garage, and spa lease arrangements at the Hilton San Francisco Financial District property.
2. Real Estate Rental Income: Revenue from 16 apartment complexes, two single family houses, two commercial buildings, and unimproved land parcels concentrated in Texas and Southern California.
3. Investment Transactions: Returns from investment in marketable securities, corporate equities, bonds, and other investments managed through the company's Securities Investment Committee.

Distribution channels3 records

Marketing channels4 records

Core offering

The InterGroup Corporation owns and operates a diversified real estate portfolio consisting of 16 apartment complexes, two single-family houses, commercial buildings, and unimproved land parcels concentrated in Texas and Southern California. Through its 75%-owned subsidiary Portsmouth Square, Inc., the company owns and operates the 558-room Hilton San Francisco Financial District hotel at 750 Kearny Street, San Francisco, California, under a Hilton franchise license agreement. The company also invests in marketable securities and corporate equities managed by its Securities Investment Committee to build shareholder value.

Product overview

The InterGroup Corporation is a diversified real estate and hospitality operating company. It operates primarily through two segments: (1) Multi-family and commercial real estate ownership and operation, including 16 apartment complexes, two single family houses, two commercial buildings, and land parcels concentrated in Texas and Southern California; and (2) Hospitality operations through its 75% subsidiary Portsmouth Square, Inc., which owns and operates the 558-room Hilton San Francisco Financial District hotel under a Hilton franchise license agreement.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Family Real Estate Properties A portfolio of 16 apartment complexes and two single-family houses located throughout the United States, with concentration in Texas and Southern California, owned and operated by The InterGroup Corporation for residential rental income.
• Commercial Real Estate Two commercial buildings and two unimproved parcels of land held as part of the company's real estate portfolio alongside its residential holdings, leased to commercial tenants.
• Hilton San Francisco Financial District A 558-room hotel located at 750 Kearny Street, San Francisco, California 94108, owned by Portsmouth Square, Inc. (75% subsidiary of InterGroup) and operated under a Hilton franchise license agreement. Includes a five-level underground parking garage and on-site food and beverage service.
• Securities Investment Portfolio A corporate portfolio of marketable securities, corporate equities, bonds, and other investments in the national and international financial markets, managed by the company's Securities Investment Committee to build shareholder value.

Quantifiable outcome

• Q3 FY2026 hotel revenues exceeded pre-pandemic Q3 2019 levels by approximately $1.028 million
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Portsmouth Square, Inc.coreOthers75% owned subsidiary of The InterGroup Corporation. Portsmouth Square owns the Hilton San Francisco Financial District hotel property at 750 Kearny Street, San Francisco, California. Portsmouth trades on OTC markets under symbol PRSI.
• Prism Hospitality L.P.coreImplementation/ SI/ Consulting PartnerHotel management company engaged to perform day-to-day management functions of the Hilton San Francisco Financial District. Management agreement effective for ten years from February 2007.
• Ace Parking Management, Inc.minorImplementation/ SI/ Consulting PartnerParking garage management company engaged to manage the five-level underground parking garage at the Hilton San Francisco Financial District property.
• Tru SpaminorOthersSpa lease tenant operating in the lobby level of the Hilton San Francisco Financial District. Lease agreement provides minimum monthly payments of $14,000 plus percentage of revenues.
• Justice InvestorscoreStrategic or Co-development PartnerCalifornia limited partnership through which Portsmouth Square conducts hotel operations. Portsmouth Square holds 50% limited partnership interest and serves as managing general partner. The partnership owns the Hilton San Francisco Financial District hotel and related facilities.
• Evon CorporationcoreStrategic or Co-development PartnerCo-general partner of Justice Investors alongside Portsmouth Square. Evon previously served as managing general partner until December 2008 when Portsmouth assumed that role.

Scale indicators8 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Portsmouth Square, Inc. 75%-owned subsidiary of InterGroup that directly owns and operates the Hilton San Francisco Financial District. Traded on OTC under PRSI; effectively a pure-play vehicle for the same hotel asset that drives the majority of InterGroup's revenue.
• BRT Apartments Corp. Small-cap multifamily REIT owning apartments primarily in the Sun Belt, including Texas. Closely comparable to InterGroup's multifamily segment in scale, geography, and asset profile.
• Sotherly Hotels: Small-cap public hotel REIT focused on full-service and select-service hotels in the mid-scale and upper-mid-scale segments. Comparable in size and franchise-driven full-service hotel exposure.
• Creative Media & Community Trust: Diversified small-cap public holding company with a mix of real estate, hospitality, and investment assets. Highly comparable to InterGroup's hybrid real estate + securities + hospitality structure.
• Santa Fe Financial Corporation: Closely related public company also led by John V. Winfield, focused on real estate and securities investments. Highly comparable in business model — small public holding company combining real estate ownership and a managed securities portfolio.

Broad incumbents

• Independence Realty Trust: Multifamily REIT focused on garden-style apartment communities, with significant Sun Belt exposure. Directly comparable to InterGroup's apartment portfolio concentrated in Texas and Southern California.
• Sunstone Hotel Investors: Public hotel REIT owning upper-upscale and luxury full-service hotels in urban and resort markets. Comparable to InterGroup's full-service, branded urban hotel focus at larger scale.
• Ashford Hospitality Trust: Small-cap hotel REIT with a portfolio of upper-upscale, full-service and select-service hotels. Closely comparable in market cap, urban hotel focus, and brand/franchise operating model.
• Apple Hospitality REIT: Public hotel REIT focused on upscale lodging. Provides a relevant comp for full-service franchise hotel economics and is in a similar small-/mid-cap band to InterGroup.
• Hersha Hospitality Trust: Small-cap hotel REIT focused on upscale urban and lifestyle hotels. Comparable in scale and segment focus to InterGroup's Hilton SFO Financial District operation, though more diversified across multiple properties.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-intergroup-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The InterGroup