The InterGroup Corporation (InterGroup), incorporated on September 11, 1985, is engaged in buying, developing, operating, rehabilitating and disposing of real property of various types and descriptions, and engaged in such other business and investment activities. The Company operates in three segments: Hotel Operations, which is engaged in the operation of the Hilton San Francisco Financial District (the Hotel) and operation of the garage; Real Estate Operations, which is engaged in the operation of its multi-family residential properties, and Investment Transactions, which includes the investment of its cash in marketable securities and other investments.
The San Francisco hotel property is owned indirectly by Justice Investors Limited Partnership (the Partnership) through its subsidiary, Justice Operating Company, LLC. The San Francisco hotel is centrally located near the Financial District in San Francisco. The San Francisco hotel is a 31-story (including parking garage), steel and concrete, A-frame building. As of June 30, 2016, the San Francisco hotel had 543 guest rooms and luxury suites situated on 22 floors. The third floor houses the Chinese Culture Center and ballroom. As of June 30, 2016, the Hotel had approximately 22,000 square feet of meeting room space, including the ballroom, and its other features included a five-level underground parking garage and pedestrian bridge across Kearny Street connecting the Hotel and the Chinese Culture Center with Portsmouth Square Park in Chinatown.
As of June 30, 2016, the Company's investment in real estate consisted of 21 properties located throughout the United States, with a concentration in Texas and Southern California. As of June 30, 2016, these properties include approximately 15 apartment complexes, three single-family houses as strategic investments and one commercial real estate property. All properties are operating properties. In addition to the properties, the Company owned approximately two acres of unimproved land in Maui, Hawaii as of June 30, 2016. The Company's properties include Las Colinas, Texas; Morris County, New Jersey; St. Louis, Missouri; Florence, Kentucky, and Los Angeles, California. The Las Colinas property is a water front apartment community. As of June 30, 2016, the Las Colinas property included 358 units on approximately 15.6 acres of land. The Morris County property is a two-story garden apartment complex. As of June 30, 2016, the Morris County property included approximately 151 units on approximately eight acres of land. The St. Louis property is a two-story project. As of June 30, 2016, the St. Louis property included 264 units on approximately 17.5 acres.
The Florence property is a three-story apartment complex. As of June 30, 2016, the Florence property included 157 units on approximately six acres. As of June 30, 2016, the Company had a commercial property, 12 apartment complexes, and three single-family houses in the general area of West Los Angeles. As of June 30, 2016, the first Los Angeles commercial property was a 5,500 square foot, two story building. As of June 30, 2016, the second Los Angeles apartment complex was a 29,000 square foot three-story apartment with 27 units. As of June 30, 2016, the third Los Angeles apartment complex was a 12,700 square foot apartment with 14 units. As of June 30, 2016, the fourth Los Angeles apartment complex was a 10,500 square foot apartment with nine units. As of June 30, 2016, the fifth Los Angeles apartment complex was a 26,100 square foot two-story apartment with 31 units.
As of June 30, 2016, the sixth Los Angeles apartment complex was a 27,600 square foot two-story apartment with 30 units. As of June 30, 2016, the seventh Los Angeles apartment complex was a 3,000 square foot apartment with four units. As of June 30, 2016, the eighth Los Angeles apartment complex was a 4,500 square foot two-story apartment with four units. As of June 30, 2016, the ninth Los Angeles apartment complex was a 7,500 square foot apartment with seven units. As of June 30, 2016, the tenth Los Angeles apartment complex was a 13,000 square foot two-story apartment with eight units.
As of June 30, 2016, the eleventh Los Angeles apartment complex was a 4,200 square foot two-story apartment with two units. As of June 30, 2016, the twelfth apartment was a 6,316 square foot two-story apartment with nine units. As of June 30, 2016, the first Los Angeles single-family house was a 2,771 square foot home. As of June 30, 2016, the second Los Angeles single-family house was a 2,201 square foot home. As of June 30, 2016, the Company's investment portfolio was diversified with 31 different equity positions. The Company holds an equity security. The Company also holds an investment in Comstock Mining, Inc. series A-1 Convertible Preferred Stock, which is carried at cost and included in other investments.
1100 Glendon Ave Ste PH-1
The company trades on NASDAQ exchange. The company headquarter is located in California, CA. The company was established in the 1965.| Ticker | INTG |
| Long Name | The Intergroup Corporation |
| Short Name | The Intergroup |