# EDGAR Filing Document

**Accession Number:** 0000069422
**File Stem:** 0001493152-26-007082
**Filing Date:** 2026-2
**Character Count:** 10076
**Document Hash:** a2c45eeb07a25cf9fb5e43b30ac90517
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-007082.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0001493152-26-007082

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260217

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INTERGROUP CORP
- **CENTRAL INDEX KEY:** 0000069422
- **STANDARD INDUSTRIAL CLASSIFICATION:** OPERATORS OF APARTMENT BUILDINGS [6513]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 133293645
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-10324
- **FILM NUMBER:** 26640934

**BUSINESS ADDRESS:**
- **STREET 1:** 11620 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 350
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** (310) 889-2511

**MAIL ADDRESS:**
- **STREET 1:** 11620 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 350
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUTUAL REAL ESTATE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19860408

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): February 17, 2026

**THE INTERGROUP CORPORATION**

(Exact name of registrant as specified in its charter)

<u>Delaware</u> <u>1-10324</u> <u>13-3293645</u> <br> (State or other jurisdiction (Commission (IRS Employer <br> of incorporation) File Number) Identification No.)

<u>1516 S. Bundy Drive, Suite 200, Los Angeles, CA</u> <u>90025</u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (310) 889-2500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<u>see</u> General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock | INTG | NASDAQ CAPITAL MARKET |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

---

| | |
|:---|:---|
| **<u>Item 9.01.</u>** | **<u>Financial Statements and Exhibits.</u>** |

---

(d) Exhibits

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | [Press Release, dated February 17, 2026](ex99-1.htm) |
| 104 | Cover Page Interactive Data File |

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **THE INTERGROUP CORPORATION** | **THE INTERGROUP CORPORATION** |
| Dated: February 17, 2026 | By: | */s/ John V. Winfield* |
|  |  | Chairman of the Board; President and Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**FOR IMMEDIATE RELEASE**

**The InterGroup Corporation Reports Improved Operating Results for the Quarter Ended December 31, 2025; Completes Sale of a Non-Core Los Angeles Multifamily Property**

Los Angeles, California — February 17, 2026 — The InterGroup Corporation (NASDAQ: INTG) (the "Company" or "InterGroup") reported results for the quarter ended December 31, 2025 and highlighted continued progress in its consolidated hotel operations and stable performance in its real estate portfolio. During the quarter, the Company also completed the sale of a non-core 12-unit multifamily property in Los Angeles County, strengthening liquidity and providing additional working capital.

**Quarterly highlights (three months ended December 31, 2025 vs. 2024)**

● Total
 revenues increased to $17.3 million from $14.4 million, an increase of $2.9 million (+20%).

● Hotel
 revenues increased to $12.6 million from $9.9 million, an increase of $2.7 million (+27%).

● Real
 estate revenues increased to $4.6 million from $4.5 million, an increase of $0.2 million
 (+4%).

● Income
 from operations increased to $2.0 million from $0.9 million.

● Net
 income was $1.0 million compared to a net loss of $3.7 million.

● Net
 income attributable to InterGroup was $1.5 million ($0.71 per diluted share) compared to
 a net loss attributable to InterGroup of $2.7 million ($1.26 per diluted share).

● The
 Company recognized a GAAP gain on sale of real estate of $3.5 million from the disposition
 of a non-core Los Angeles multifamily property.

**Segment Performance (Three Months Ended December 31, 2025 vs. 2024)**

---

| | | |
|:---|:---|:---|
| Segment income (loss) | 2025 | 2024 |
| Hotel Operations | $2234000 | $910000 |
| Real Estate Operations | $2221000 | $2268000 |
| Investment Transactions | $(340000) | $(901000) |

---

**Hotel Operating Metrics (Hilton San Francisco Financial District)**

---

| | | | |
|:---|:---|:---|:---|
| Three months ended Dec. 31 | ADR | Occupancy | RevPAR |
| 2025 | $234 | 92% | $215 |
| 2024 | $190 | 88% | $168 |

---

During the quarter, Portsmouth returned 14 guest rooms to available room inventory upon completion of renovations in September 2025, after having previously used the rooms for administrative office space and other purposes.

**Disposition of Non-Core Los Angeles Multifamily Property**

In December 2025, InterGroup completed the sale of a non-core 12-unit multifamily property in Los Angeles County for a sales price of approximately $4.85 million. The related mortgage loan with an outstanding principal balance of approximately $1.83 million was repaid in full at closing, and net cash proceeds from the sale after closing costs were approximately $2.58 million. The Company recognized a GAAP gain on sale of approximately $3.51 million in the quarter.

The transaction will be subject to applicable federal and state income tax liabilities.

**Liquidity and Capital Resources**

As of December 31, 2025, the Company had cash and cash equivalents of $6.6 million and restricted cash of $8.4 million. Total cash, cash equivalents, and restricted cash were $15.0 million. Marketable securities measured at fair value were $0.9 million.

As previously disclosed, Portsmouth completed a refinancing in March 2025 that extended maturities and improved liquidity; as a result, substantial doubt regarding Portsmouth's ability to continue as a going concern was alleviated as of June 30, 2025.

**Management Commentary**

**David C. Gonzalez, Chief Operating Officer of InterGroup, said:** 

 

*"Our second fiscal quarter reflected continued progress in both our hotel and real estate operations. At the Hotel, revenue growth benefited from higher room demand and the return of 14 guest rooms to inventory following renovations completed in September 2025. Across our real estate portfolio, we remained focused on disciplined operations, occupancy, and property-level execution. We also completed the sale of a small, non-core property in the normal course of business, adding working capital and sharpening our focus on our core holdings."*

**John V. Winfield, President, Chairman and Chief Executive Officer of InterGroup, added:** 

 

*"We remain cautiously optimistic as operating conditions in San Francisco continue to stabilize and recover. Separately, this quarter's disposition of a non-core multifamily asset underscores our long-held view that historical-cost accounting under GAAP for real estate can differ significantly from underlying economic value. We also continue to manage our marketable securities activity with a focus on risk awareness and liquidity."*

**About The InterGroup Corporation**

The InterGroup Corporation (NASDAQ: INTG) is a diversified holding company with interests in hospitality, real estate, and marketable securities. InterGroup's portfolio includes a majority interest in Portsmouth Square, Inc., which owns the Hilton San Francisco Financial District, as well as other real estate holdings and an investment portfolio of marketable securities.

**Forward-Looking Statements**

This press release contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements include, without limitation, statements regarding market recovery, anticipated operating performance, liquidity, and the expected impacts of the real estate disposition. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including factors described in the Company's filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 and its most recent Annual Report on Form 10-K. The Company undertakes no obligation to update forward-looking statements except as required by law.

**Investor Contact**

The InterGroup Corporation

1516 S. Bundy Drive, Suite 200

Los Angeles, CA 90025

(310) 889-2500