InterGroup subsidiary refinances Hilton SF hotel with $103.3M in new loans

INTERGROUP CORP

Justice Operating Co. obtained $67M mortgage loan at SOFR + 4.80%, with a 4.50% cap on Term SOFR.
Justice Mezzanine Co. modified existing mezzanine loan to $36.3M at 7.25% fixed rate.
Both loans have 2-year initial maturity with three 1-year extension options.
Proceeds used to refinance the Hilton San Francisco Financial District hotel.

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