InterGroup is a holding company that operates primarily in hotel ownership and real estate investment. The company's core asset is the 558-room Hilton San Francisco Financial District, a full-service hotel owned through a majority stake in Portsmouth Square. The property operates under a Hilton franchise agreement and is managed by Aimbridge Hospitality. The hotel serves business, convention, and leisure travelers, generating revenue primarily from room rentals, along with food and beverage, parking, and ancillary services. In addition to hotel operations, InterGroup owns and internally manages a portfolio of residential and commercial real estate properties, consisting mainly of apartment complexes and single-family homes located in Texas and Los Angeles County. This real estate segment generates recurring rental income from tenants, as well as periodic gains from property sales. InterGroup also holds unimproved land in Hawaii and opportunistically invests in marketable securities.
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