secwatch / observer
8-K filed May 2, 2024, 7:59 PM ET ticker INTG CIK 0000069422
debt confidence high sentiment negative materiality 0.70

InterGroup subsidiary enters forbearance agreements; $8.6M principal paydown required

INTERGROUP CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

INTERGROUP CORP entered into Mortgage Loan Forbearance Agreement with U.S. Bank National Association and other lenders (effective 2024-04-29).

Action
entry
Counterparty
U.S. Bank National Association and other lenders
Effective
2024-04-29
Exact text from the filing
On April 29, 2024, U.S. Bank National Association and other lenders (“Lender”) entered into a Forbearance Agreement (the “Mortgage Loan Forbearance Agreement”), all capitalized terms are used in this paragraph as defined in this agreement with Justice Operating Company, LLC (“Justice”), a subsidiary of the Portsmouth Square, Inc. (“Portsmouth”), a subsidiary of The InterGroup Corporation.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

INTERGROUP CORP entered into Mezz Forbearance Agreement with CRED REIT HOLDCO LLC (effective 2024-04-29).

Action
entry
Counterparty
CRED REIT HOLDCO LLC
Effective
2024-04-29
Exact text from the filing
On April 29, 2024, CRED REIT HOLDCO LLC (“Mezz Lender”) entered into a Forbearance Agreement (the “Mezz Forbearance Agreement”), all capitalized terms in this paragraph are used as defined in the Mezz Forbearance Agreement with Justice Mezzanine Company, LLC (“Justice Mezz”), an indirect subsidiary of Portsmouth Square, Inc. (“Portsmouth”).
View on SEC.gov

292 material agreements filed in the last 30 days. Browse all material agreements →

INTERGROUP CORP filing history →

Source: SEC EDGAR
accession 0001493152-24-017460
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