Common Stock
- Symbol
- INTG
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01, 9.01 · 8-K
Intergroup Corporation
INTGNASDAQEQUITYCurrent
Other Events
Item 8.01 Other Events On December 29, 2025, The InterGroup Corporation completed the sale of a non-core 12-unit apartment complex in Los Angeles County. On January 6, 2026, the Company issued a press release announcing the sale. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Registered securities in this filing
THE INTERGROUP CORPORATION · 8-K · Filed 2026-01-06
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events
On
December 29, 2025, The InterGroup Corporation completed the sale of a non-core 12-unit apartment complex in Los Angeles County. On January
6, 2026, the Company issued a press release announcing the sale. A copy of the press release is furnished as Exhibit 99.1 to this Current
Report on Form 8-K.
The
information in this Item 8.01 (including Exhibit 99.1) is being furnished and shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section, and shall not be incorporated
by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth
by specific reference in such filing.
Filed exhibits (1)
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Los Angeles, California - January 6, 2026 The InterGroup Corporation Announces Sale of Non-Core 12-Unit Apartment Property; Strengthens Liquidity and Highlights Between Historical-Cost GAAP and Realizable Values The InterGroup Corporation (NASDAQ: INTG) (the “Company” or “InterGroup”) announced today that on December 29, 2025, it completed the sale of a non-core 12-unit apartment complex in Los Angeles County for a gross sales price of approximately $4,850,000. InterGroup expects to report a GAAP net gain on sale of approximately $3,509,000, which will be reflected in the Company’s Form 10-Q for the quarter ended December 31, 2025. The transaction is expected to result in federal and state income tax liability, the amount of which will be determined based on the Company’s final tax position and applicable tax rules. Transaction highlights Gross sales price: approximately $4,850,000 Debt repaid at closing: approximately $1,859,000 Net cash proceeds: approximately $2,577,000 (after repayment of debt and customary closing adjustments and transaction costs) Estimated GAAP net gain on sale: approximately $3,509,000 Add…
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