Income Opportunity Realty Investors, Inc. - IOT- Profile

Income Opportunity Realty Investors, Inc.. The Group's principal activity is to invest in real estate through direct ownership, leases and partnerships. The Company also finances real estate through mortgage loans. The Group has elected to be treated as a Real Estate Investment Trust under Sections 856 through 860 of the Internal Revenue Code of 1986. At 18-Mar-2005, the Group owned ten properties located in the Pacific, Southeast and Southwest regions of the United States. The Group's real estate consists of apartments and commercial properties (office buildings) or similar properties. At 31-Dec-2005, Group's real estate consisted of 11 properties held for investment. Real Estate Investment Trust that invests in real estate through direct ownership, leases and partnerships and mortgage loans