The InterGroup Corporation is a Delaware corporation formed in 1985, as a successor to Mutual Real Estate Investment Trust, a New York real estate investment trust created in 1965. The Company has been a publicly-held company since M-REIT's first public offering of shares in 1966 and currently trades on the NASDAQ Capital Market under the symbol: "INTG".
Over the years, the Company has evolved into a diversified operating company with operations in multi-family and commercial real estate and an interest in the hospitality industry through its investment in the Hilton San Francisco Financial District.
Management continuously seeks opportunities to build shareholder's value by improving its current operations and through its investment strategies in the national and international financial markets.
The InterGroup owns and operates real estate throughout the United States, with a concentration in Texas and Southern California. Its properties include 16 apartment complexes, two single family houses, one commercial building and one unimproved parcel of land.