David Gonzalez
On May 31, 2023, the Company’s Board appointed David Gonzalez as the Company’s Chief Operating Officer.
Highest-materiality recent filing
InterGroup Q3 FY2026 net income $0.595M vs loss; hotel revenues up 35%
Total revenues $20.372M (+21% YoY); operating income $4.260M (+81% YoY).
InterGroup Q2 revenue up 20% to $17.3M; net income $1.0M vs loss; sells LA multifamily for $4.85M
Total revenues $17.3M (+20% YoY); hotel revenues $12.6M (+27%); net income $1.0M vs $3.7M loss.
InterGroup Q1 FY2026 net loss widens to $535K; real estate income up 20%
Net loss attributable to InterGroup $535,000 vs $398,000 prior year.
InterGroup FY2025 net loss narrows 40% to $7.5M; Hotel income up 52%
Net loss $7.5M vs $12.6M in FY2024; diluted EPS loss $3.49 vs $5.66.
InterGroup regains Nasdaq compliance on market value rule; listing continues
Received Nasdaq confirmation Sept 17, 2025; compliance demonstrated as of Sept 15, 2025 after 11 consecutive days with market value >$35M.
Nasdaq grants The InterGroup Corp. extension to Sept 30, 2025 to meet $35M market value listing rule
Company received delisting notice on May 27, 2025 for market value below $35M for 180+ days.
Nasdaq notifies InterGroup of delisting for market value below $35M; company to appeal
Market value of listed securities had been below $35M for 30+ days as of Nov 21, 2024.
InterGroup subsidiary refinances Hilton SF hotel with $103.3M in new loans
Justice Operating Co. obtained $67M mortgage loan at SOFR + 4.80%, with a 4.50% cap on Term SOFR.
InterGroup subsidiary receives notice of termination event on $97M loans after missing Jan 1 payment
Notice received Jan 3, 2025 for two loans (M300801016 and M300801015) totaling $97M principal.
Nasdaq notifies InterGroup of MVLS non-compliance; cure period to May 2025
Received Nasdaq Deficiency Letter on Nov 21, 2024 for MVLS below $35M from Oct 7 to Nov 20, 2024.
InterGroup subsidiary enters forbearance agreements; $8.6M principal paydown required
Mortgage Loan Forbearance with U.S. Bank allows no action until Jan 1, 2025, subject to Termination Event.
Default notice received Jan 4, 2024 for $97M principal loans to Justice Operating Company, LLC (wholly owned subsidiary of Portsmouth Square, Inc.).
On May 31, 2023, the Company’s Board appointed David Gonzalez as the Company’s Chief Operating Officer.
On August 31, 2022, Danfeng Xu resigned as the Treasurer and Controller of The InterGroup Corporation effective immediately.
Max materiality 0.85 · Median 0.55 · Most common event other