secwatch.observer — SEC 8-K summary
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Issuer:     INTERGROUP CORP (INTG)
CIK:        0000069422
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001641172-25-001357
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69422/000164117225001357/0001641172-25-001357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69422/000164117225001357/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-001357

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