Core Viewpoint - The InterGroup Corporation has successfully refinanced its subsidiary's flagship asset, the Hilton San Francisco Financial District Hotel, enhancing financial flexibility and stability for its hospitality assets [1][4]. Group 1: Refinancing Details - Justice Operating Company, a wholly owned subsidiary of Portsmouth Square, secured a $67 million mortgage loan with an interest rate of SOFR plus 4.80%, with an interest rate cap limiting SOFR exposure to 4.50% [2]. - Justice Mezzanine Company modified its existing mezzanine loan, obtaining $36.3 million at a fixed interest rate of 7.25% per annum, with both loans maturing in two years and options to extend for three additional one-year periods [3]. Group 2: Strategic Implications - The refinancing reflects InterGroup's commitment to strategic financial management, enhancing operational flexibility and financial stability across its companies, positioning them for growth and long-term value creation [4].