The InterGroup Corporation reported improved operating results for the quarter ended December 31, 2025, with total revenues increasing to $17.3 million and net income attributable to InterGroup of $1.5 million, compared to a net loss in the prior year. The Company also completed the sale of a non-core multifamily property in Los Angeles County for approximately $4.85 million.
Key takeaways
Total revenues increased to $17.3 million for the quarter ended December 31, 2025, up from $14.4 million in the same quarter of 2024.
Net income attributable to InterGroup was $1.5 million ($0.71 per diluted share) compared to a net loss of $2.7 million ($1.26 per diluted share) in the prior year period.
Completed the sale of a 12-unit multifamily property in Los Angeles County for approximately $4.85 million, resulting in a GAAP gain of approximately $3.51 million.
Net cash proceeds from the property sale were approximately $2.58 million after repaying a mortgage loan of approximately $1.83 million.
Hotel revenues increased to $12.6 million from $9.9 million, with RevPAR at the Hilton San Francisco Financial District rising to $215 from $168.
As of December 31, 2025, the Company held total cash, cash equivalents, and restricted cash of $15.0 million.