Business
The InterGroup Corporation Reports Improved Operating Results for the Quarter Ended December 31, 2025; Completes Sale of a Non?Core Los Angeles Multifamily Property
Los Angeles, California, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: IN...
About this update from Integral Metals Corp.
[{"type":"text","content":"The InterGroup Corporation Reports Improved Operating Results for the Quarter Ended December 31, 2025; Completes Sale of a Non‑Core Los Angeles Multifamily Property\nLos Angeles, California, Feb. 17, 2026 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) reported results for the quarter ended December 31, 2025 and highlighted continued progress in its consolidated hotel operations and stable performance in its real estate portfolio. During the quarter, the Company also completed the sale of a non-core 12‑unit multifamily property in Los Angeles County, strengthening liquidity and providing additional working capital. Quarterly highlights (three months ended December 31, 2025 vs. 2024) Total revenues increased to $17.3 million from $14.4 million, an increase of $2.9 million (+20%).Hotel revenues increased to $12.6 million from $9.9 million, an increase of $2.7 million (+27%).Real estate revenues increased to $4.6 million from $4.5 million, an increase of $0.2 million (+4%).Income from operations increased to $2.0 million from $0.9 million.Net income was $1.0 million compared to a net loss of $3.7 million.Net income attributable to InterGroup was $1.5 million ($0.71 per diluted share) compared to a net loss attributable to InterGroup of $2.7 million ($1.26 per diluted share).The Company recognized a GAAP gain on sale of real estate of $3.5 million from the disposition of a non-core Los Angeles multifamily property. Segment Performance (Three Months Ended December 31, 2025 vs. 2024) Segment income (loss) 2025  2024 Hotel Operations$2,234,000 $910,000 Real Estate Operations$2,221,000 $2,268,000 Investment Transactions$(340,000)$(901,000) Hotel Operating Metrics (Hilton San Francisco Financial District) Three months ended Dec. 31ADROccupancyRevPAR2025$23492%$2152024$19088%$168 During the quarter, Portsmouth returned 14 guest rooms to available room inventory upon completion of renovations in September 2025, after having previously used the rooms for administrative office space and other purposes. Disposition of Non-Core Los Angeles Multifamily Property In December 2025, InterGroup completed the sale of a non-core 12‑unit multifamily property in Los Angeles County for a sales price of approximately $4.85...