InterGroup Reports Q1 Net Loss and 8% Rise in Real Estate Revenues
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InterGroup Corporation reported a Q1 fiscal 2026 GAAP net loss of $1.2 million, up from $0.9 million last year. Real estate revenues rose 8% to $5.5 million, with segment income up 20.1% to $3.2 million. Hotel segment ADR increased 3.8% to $218, occupancy at 95%, and RevPAR grew 2.5% to $207. Cash totaled $13.4 million. Prior going-concern doubt at Portsmouth Square, Inc. was alleviated after hotel refinancing.
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