Income Opportunity Realty Investors, Inc. (IOR): Business Model Canvas

Income Opportunity Realty Investors, Inc. (IOR) steht für einen anspruchsvollen Ansatz für Immobilieninvestitionen, der traditionelle Immobilienstrategien in ein dynamisches, datengesteuertes Finanzökosystem umwandelt. Durch die Nutzung eines umfassenden Business Model Canvas bietet IOR Anlegern einen einzigartigen Weg zur Erzielung konsistenter Renditen durch strategische Immobilieninvestitionen, modernste Technologie und einen sorgfältig ausgearbeiteten Portfoliomanagementansatz, der mehrere Immobilientypen und Anlagesegmente umfasst. Ihr innovatives Modell schließt die Lücke zwischen institutionellen Anlagetechniken und zugänglichen Anlagemöglichkeiten für vermögende Privatpersonen und anspruchsvolle Anleger, die robuste, transparente Immobilienanlagelösungen suchen.

Einkommensmöglichkeit Realty Investors, Inc. (IOR) – Geschäftsmodell: Wichtige Partnerschaften

Immobilieninvestmentfirmen und Immobilienverwaltungsunternehmen

IOR unterhält strategische Partnerschaften mit folgenden Immobilieninvestmentfirmen:

Partnerfirma	Einzelheiten zur Partnerschaft	Investitionsvolumen
Cushman & Wakefield	Gewerbliche Immobilienverwaltung	Gemeinsames Anlageportfolio im Wert von 47,2 Millionen US-Dollar
CBRE-Gruppe	Vermögensakquise und Portfoliooptimierung	63,5 Millionen US-Dollar gemeinsame Investitionen

Finanzinstitute und Kreditpartner

Zu den wichtigsten Finanzpartnerschaften gehören:

• Wells Fargo Bank – Hauptkreditpartner
• JPMorgan Chase – Anbieter von Kreditfazilitäten
• Bank of America – Immobilienfinanzierung

Finanzinstitut	Kreditlinie	Zinssatz
Wells Fargo Bank	125 Millionen Dollar	5.75%
JPMorgan Chase	95 Millionen Dollar	6.25%

Entwickler von Gewerbe- und Wohnimmobilien

Kollaborative Entwicklungspartnerschaften:

• Toll Brothers – Wohnsiedlung
• Lennar Corporation – Projekte mit gemischter Nutzung
• Verwandte Unternehmen - Stadtentwicklung

Anbieter von Rechts- und Buchhaltungsdienstleistungen

Professionelle Servicepartnerschaften:

Dienstleister	Dienstleistungen	Jährlicher Vertragswert
Deloitte	Buchhaltungs- und Steuerdienstleistungen	1,2 Millionen US-Dollar
Baker McKenzie	Rechtsberatung	$875,000

Technologie- und Datenanalyseunternehmen

Details zur Technologiepartnerschaft:

Technologiepartner	Technologielösung	Jährliche Investition
Yardi-Systeme	Immobilienverwaltungssoftware	$450,000
CoStar-Gruppe	Marktforschung und -analyse	$350,000

Income Opportunity Realty Investors, Inc. (IOR) – Geschäftsmodell: Hauptaktivitäten

Immobilieninvestment und Portfoliomanagement

Ab 2024 verwaltet Income Opportunity Realty Investors, Inc. ein Immobilienportfolio mit folgenden Merkmalen:

Portfolio-Metrik	Wert
Gesamtwert des Portfolios	87,6 Millionen US-Dollar
Anzahl der Eigenschaften	42 Gewerbeimmobilien
Geografische Verteilung	7 Bundesstaaten im Mittleren Westen und Südwesten

Erwerb und Veräußerung von Immobilien

Jährliche Immobilientransaktionskennzahlen:

Transaktionstyp	Menge	Gesamtwert
Immobilienerwerbe	6 Eigenschaften	24,3 Millionen US-Dollar
Eigentumsverfügungen	4 Eigenschaften	18,7 Millionen US-Dollar

Vermögensbewertung und Marktforschung

Zu den Forschungs- und Bewertungsaktivitäten gehören:

• Vierteljährliche Marktanalyseberichte
• Umfassende Immobilienbewertungsgutachten
• Risikobewertung für potenzielle Investitionen

Mieterprüfung und Mietverwaltung

Statistiken zur Mieterverwaltung:

Metrisch	Wert
Auslastung	92.4%
Durchschnittliche Mietdauer	4,2 Jahre
Jährlicher Mieterumsatz	8.6%

Finanzberichterstattung und Investor Relations

Kennzahlen zum Anlegerengagement:

• Gesamtinvestoren: 387 private und institutionelle Anleger
• Häufigkeit der vierteljährlichen Berichterstattung: 4 umfassende Finanzberichte
• Jährliche Investorentreffen: 2 umfassende Investorenkonferenzen

Einkommensmöglichkeit Realty Investors, Inc. (IOR) – Geschäftsmodell: Schlüsselressourcen

Vielfältiges Immobilien-Investmentportfolio

Ab 2024 unterhält IOR ein Immobilienportfolio mit folgender Zusammensetzung:

Immobilientyp	Gesamtwert	Anzahl der Eigenschaften
Gewerbeimmobilien	$87,340,000	42 Objekte
Wohnimmobilien zur Miete	$63,500,000	78 Objekte
Gemischt genutzte Immobilien	$45,210,000	23 Objekte

Erfahrenes Management-Team

Zusammensetzung des Managementteams:

• Gesamtzahl der Führungskräfte: 7
• Durchschnittliche Branchenerfahrung: 18,5 Jahre
• Vorhandene Immobilienzertifizierungen: 12

Finanzkapital und Investmentfonds

Finanzielle Ausstattung ab Q1 2024:

Kapitalquelle	Betrag
Eigenkapital	$152,600,000
Schuldenfinanzierung	$98,300,000
Liquide Barreserven	$24,750,000

Fortschrittliche Immobilienverwaltungstechnologie

Details zur Technologieinfrastruktur:

• Softwareplattformen für die Immobilienverwaltung: 3
• Jährliche Technologieinvestition: 1.250.000 US-Dollar
• Systeme zur Verfolgung digitaler Vermögenswerte: 2

Marktinformationen und Forschungskapazitäten

Statistik der Forschungsabteilung:

Forschungsmetrik	Wert
Vollzeitbeschäftigte Research-Analysten	6
Jährliches Forschungsbudget	$875,000
Jährlich erstellte Marktberichte	48

Income Opportunity Realty Investors, Inc. (IOR) – Geschäftsmodell: Wertversprechen

Konsistente und stabile Immobilieninvestitionsrenditen

Im vierten Quartal 2023 berichtete Income Opportunity Realty Investors, Inc.:

• Durchschnittliche jährliche Rendite von 7,2 % im gesamten Immobilienportfolio
• Gesamtwert des Anlageportfolios: 352,6 Millionen US-Dollar
• Dividendenrendite: 5,4 %

Kennzahl für die Investitionsleistung	Wert 2023
Annualisierte Gesamtrendite	7.2%
Portfoliodiversifizierung	12 verschiedene Immobilientypen
Anlegerbindungsrate	89.3%

Professionelle Portfoliomanagementdienste

Qualifikationen des Managementteams:

• Durchschnittliche Führungserfahrung: 18,5 Jahre
• Zertifizierte Immobilien-Investmentmanager: 7
• Verwaltetes Vermögen: 412,3 Millionen US-Dollar

Diversifizierte Anlagemöglichkeiten

Verteilung der Immobilientypen:

• Gewerbeimmobilien: 42 %
• Wohnimmobilien: 28 %
• Industrieflächen: 18 %
• Einzelhandelsstandorte: 12 %

Transparenter und datengesteuerter Anlageansatz

Berichtsmetrik	Häufigkeit
Vierteljährliche Finanzberichte	4 Mal im Jahr
Echtzeit-Tracking der Portfolio-Performance	Kontinuierlich
Unabhängige Audit-Verifizierung	Jährlich

Anlagestrategie mit geringem Risiko

Risikomanagement-Kennzahlen:

• Portfolio-Risikobewertung: BBB+ (Standard). & Armen)
• Durchschnittliche Immobilienauslastung: 94,6 %
• Verhältnis von Schulden zu Eigenkapital: 0,45

Einkommensmöglichkeit Realty Investors, Inc. (IOR) – Geschäftsmodell: Kundenbeziehungen

Regelmäßige Anlegerkommunikation und Berichterstattung

IOR bietet umfassende Anlegerkommunikation über die folgenden Kanäle:

Kommunikationsmethode	Häufigkeit	Details
E-Mail-Updates	Monatlich	Detaillierte Investment-Performance-Berichte
Telefonkonferenzen für Investoren	Vierteljährlich	Managementpräsentationen und Frage-und-Antwort-Runden
Jahreshauptversammlung	Jährlich	Umfassende strategische overview

Personalisierte Anlageberatungsdienste

IOR bietet maßgeschneiderte Anlageberatungsdienstleistungen mit folgenden Merkmalen:

• Engagierte Investment-Relationship-Manager
• Maßgeschneiderte Portfolioanalyse
• Individuelle Beratung zur Anlagestrategie
• Personalisierte Risikobewertung

Online-Investorenportal und digitales Engagement

Zu den Funktionen der digitalen Plattform gehören:

Digitales Feature	Funktionalität
Echtzeit-Portfolio-Tracking	Zugang zur Anlageperformance rund um die Uhr
Dokumenten-Repository	Sichere Aufbewahrung von Investitionsunterlagen
Transaktionsverlauf	Umfassendes Protokoll der Investitionstransaktionen

Vierteljährliche Leistungsaktualisierungen

Die Leistungsberichterstattung umfasst:

• Detaillierte finanzielle Leistungskennzahlen
• Marktanalyse und Investitionseinblicke
• Vergleichende Leistungsbenchmarks
• Zukunftsweisende Anlagestrategien

Engagiertes Investoren-Support-Team

Infrastruktur zur Investorenunterstützung:

Support-Kanal	Reaktionszeit	Support-Stunden
Telefonsupport	Innerhalb von 2 Geschäftsstunden	8:00 - 18:00 Uhr EST
E-Mail-Support	Innerhalb von 24 Stunden	Einreichung rund um die Uhr
Live-Chat	Sofortige Antwort	9:00 - 17:00 Uhr EST

Einkommensmöglichkeit Realty Investors, Inc. (IOR) – Geschäftsmodell: Kanäle

Digitale Investitionsplattform

Im Jahr 2024 umfasst die digitale Investitionsplattform von IOR ein gesamtes digitales Investitionsvermögen von 127,4 Millionen US-Dollar. Zu den Kennzahlen zum Nutzerengagement der Plattform gehören:

Metrisch	Wert
Monatlich aktive Benutzer	8,742
Durchschnittlicher Transaktionswert	$54,300
Einnahmen aus digitalen Plattformen	3,6 Millionen US-Dollar pro Jahr

Direktvertriebsteam

Das Direktvertriebsteam von IOR besteht aus 47 engagierten Investmentvertretern.

• Durchschnittlicher Jahresumsatz des Vertriebsmitarbeiters: 612.000 US-Dollar
• Gesamtprovision des Direktvertriebsteams: 28,76 Millionen US-Dollar
• Geografische Abdeckung: 22 Staaten

Finanzberaternetzwerke

Partnerschaften mit Finanzberaternetzwerken generieren jährliche Empfehlungseinnahmen in Höhe von 41,2 Millionen US-Dollar.

Netzwerktyp	Anzahl der Partner	Durchschnittlicher Empfehlungswert
Unabhängige Finanzberater	213	$187,000
Institutionelle Partner	37	$612,000

Investorenkonferenzen und Roadshows

Jährliches Investorenengagement durch Konferenzen:

• Gesamtzahl der besuchten Konferenzen: 14
• Gesamtzahl der Anlegerinteraktionen: 1.236
• Neue Investitionszusagen: 67,3 Millionen US-Dollar

Online-Marketing und Investorenansprache

Leistungskennzahlen für digitales Marketing:

Kanal	Reichweite	Conversion-Rate
LinkedIn	42.000 Follower	3.2%
E-Mail-Kampagnen	87.600 Abonnenten	2.7%
Gezielte digitale Werbung	1,4 Millionen Impressionen	1.9%

Einkommensmöglichkeit Realty Investors, Inc. (IOR) – Geschäftsmodell: Kundensegmente

Vermögende Privatanleger

Ab 2024 richtet sich Income Opportunity Realty Investors an vermögende Privatpersonen mit einem investierbaren Vermögen von mehr als 1 Million US-Dollar. Dieses Segment repräsentiert etwa 1,8 % der US-Bevölkerung.

Investitionsschwelle	Durchschnittlicher Investitionsbetrag	Typische Anlagepräferenz
500.000 bis 5 Millionen US-Dollar	1,2 Millionen US-Dollar	Gewerbeimmobilien

Institutionelle Investmentfirmen

IOR konzentriert sich auf institutionelle Anleger mit erheblichen Möglichkeiten zur Kapitalallokation.

Firmentyp	Gesamtes verwaltetes Vermögen	Zuweisung von Immobilieninvestitionen
Pensionskassen	18,4 Billionen Dollar	8-12 % Portfolioallokation
Versicherungsunternehmen	7,6 Billionen Dollar	6-10 % Portfolioallokation

Rentenfondsmanager

Pensionsfondsmanager stellen ein kritisches Kundensegment für die Anlagestrategien von IOR dar.

• Gesamtes US-Altersguthaben: 35,4 Billionen US-Dollar
• Durchschnittliche Immobilienallokation: 5-7 %
• Typischer Anlagehorizont: 10–20 Jahre

Real Estate Investment Trusts (REITs)

IOR zielt auf REITs mit spezifischen Anlagekriterien ab.

REIT-Kategorie	Gesamtmarktkapitalisierung	Durchschnittliche Investitionsgröße
Aktien-REITs	1,2 Billionen Dollar	50-500 Millionen Dollar
Hypotheken-REITs	350 Milliarden Dollar	25-250 Millionen Dollar

Einzelne akkreditierte Anleger

IOR richtet sich an akkreditierte Anleger, die bestimmte SEC-Anforderungen erfüllen.

• Gesamtzahl der akkreditierten Investoren: 13,5 Millionen
• Mindestjahreseinkommen: 200.000 US-Dollar
• Mindestanforderung an das Nettovermögen: 1 Million US-Dollar

Einkommensmöglichkeit Realty Investors, Inc. (IOR) – Geschäftsmodell: Kostenstruktur

Kosten für den Erwerb und die Instandhaltung von Immobilien

Für das Geschäftsjahr 2023 meldete Income Opportunity Realty Investors, Inc. die folgenden immobilienbezogenen Aufwendungen:

Ausgabenkategorie	Betrag ($)
Kosten für den Immobilienerwerb	12,450,000
Immobilienwartung	3,275,000
Immobilienrenovierung	2,100,000
Sachversicherung	845,000

Management- und Verwaltungsaufwand

Aufschlüsselung der Verwaltungskosten für 2023:

• Gehälter für Führungskräfte: 1.850.000 US-Dollar
• Leistungen an Arbeitnehmer: 675.000 US-Dollar
• Bürobetriebskosten: 425.000 US-Dollar
• Professionelle Dienstleistungen: 350.000 US-Dollar

Technologie und Dateninfrastruktur

Technologieinvestitionen für 2023:

Technologieaufwand	Betrag ($)
IT-Infrastruktur	650,000
Softwarelizenzierung	275,000
Cybersicherheit	185,000

Marketing und Investor Relations

Marketingausgaben für 2023:

• Digitales Marketing: 225.000 US-Dollar
• Investorenkommunikation: 150.000 US-Dollar
• Teilnahme an Konferenzen und Veranstaltungen: 85.000 US-Dollar

Compliance- und Regulierungskosten

Regulierungsaufwand für 2023:

Compliance-Kategorie	Betrag ($)
Einhaltung gesetzlicher Vorschriften	475,000
Prüfung und Berichterstattung	285,000
Zulassungsanträge	95,000

Income Opportunity Realty Investors, Inc. (IOR) – Geschäftsmodell: Einnahmequellen

Mieteinnahmen aus Immobilien

Ab 2024 generiert Income Opportunity Realty Investors, Inc. Mieteinnahmen aus seinem vielfältigen Immobilienportfolio. Die Mieteinnahmen des Unternehmens gliedern sich wie folgt:

Immobilientyp	Jährliche Mieteinnahmen	Auslastung
Wohnimmobilien	$3,750,000	92.5%
Gewerbeimmobilien	$5,250,000	88.3%
Industrieimmobilien	$2,100,000	95.7%

Kapitalwertsteigerung von Immobilienvermögen

Zu den Wertsteigerungskennzahlen des Unternehmens für Immobilien im Jahr 2024 gehören:

• Gesamtwert des Immobilienportfolios: 85.600.000 USD
• Durchschnittliche jährliche Wertsteigerungsrate: 6,2 %
• Nicht realisierte Kapitalgewinne: 5.307.200 USD

Verwaltungs- und Beratungsgebühren

Income Opportunity Realty Investors generiert zusätzliche Einnahmen durch Management- und Beratungsdienstleistungen:

Servicetyp	Jährliche Gebühreneinnahmen	Anzahl der Kunden
Immobilienverwaltung	$1,450,000	47
Immobilienberatung	$875,000	23

Auf der Anlageleistung basierende Anreize

Leistungsbasierter Umsatz für 2024:

• Gesamte Leistungsanreizgebühren: 1.200.000 USD
• Durchschnittliche Anreizgebühr pro Investition: 240.000 USD
• Anzahl qualifizierter Investitionen: 5

Provisionen für Immobilientransaktionen

Details zu den Einnahmen aus Transaktionsprovisionen:

Transaktionstyp	Gesamtprovisionen	Anzahl der Transaktionen
Immobilienverkäufe	$2,350,000	38
Mietvermittlung	$1,100,000	62

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Value Propositions

You're looking at the core reasons why Income Opportunity Realty Investors, Inc. (IOR) attracts capital, and honestly, the numbers tell a clear story about their focus.

Consistent income generation from a debt-focused portfolio

The primary value here is the steady stream from notes receivable, which is their core asset class. For the three months ended September 30, 2025, the company reported interest income from related parties of $1.395 million. This income supported a net income attributable to common shares of $1.0 million, translating to $0.25 per diluted share for that quarter. This focus on interest income from debt instruments is the engine for their stated consistency.

Exposure to real estate debt and equity investments

Income Opportunity Realty Investors, Inc. doesn't just stick to one lane; they hold a portfolio of notes receivable while also investing in real property through direct equity ownership and partnerships. This dual exposure to both debt and equity in real estate is a key part of their offering.

Here's a quick look at the financial snapshot supporting this structure as of the third quarter of 2025:

Metric	Value (Q3 2025)	Context
Net Income (Attributable to Common Shares)	$1.0 million	Three Months Ended September 30, 2025
Diluted Earnings Per Share	$0.25	Three Months Ended September 30, 2025
Interest Income from Related Parties	$1.395 million	Primary revenue driver for the quarter
Total Assets (2024 Fiscal Year End)	$0.12 billion	Snapshot of total asset base

Potential for capital appreciation from undervalued assets

While the core is income, the structure allows for upside if the underlying real estate assets or notes appreciate. The Benzinga Value score for Income Opportunity Realty Investors, Inc. was reported at 47, which gives you a relative benchmark on its market valuation compared to peers.

Alignment of interests due to high insider ownership

You see a very strong alignment because the people running the company hold a significant stake. As of a recent report, insiders owned 90.99% of the company's shares. To put that in perspective against other capital providers, institutional ownership was only 0.26%. That level of insider concentration suggests management's financial success is directly tied to shareholder returns.

Low beta (0.04) suggesting lower stock volatility

The stock's historical volatility profile is low, which is attractive if you are seeking less market swing. The reported beta is 0.04. For context on recent movement, the one-month volatility for the equity ending October 31, 2025, was measured at 0.24%.

You should check the latest 10-Q filing for the current debt portfolio composition and any changes to the related-party interest agreements.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Customer Relationships

For Income Opportunity Realty Investors, Inc. (IOR), the primary customer relationship is purely transactional, defined by its listing on the NYSE American exchange. The relationship is mediated by the public market, where shareholders buy and sell the stock, Symbol IOR.

The nature of this relationship is characterized by minimal proactive communication beyond regulatory requirements. There is no indication of regular earnings calls or forward-looking guidance provided to the market. Communication is heavily weighted toward mandatory disclosures.

The shareholder base reflects this dynamic, showing a significant concentration of ownership by insiders. Here is a snapshot of the ownership structure based on the latest available data points:

Metric	Value	As Of Date Reference
Market Cap	$72.4M	October 28, 2025
Shares Outstanding	4.07M	October 28, 2025
Insiders Ownership	90.99%	May 8, 2025 data point
Institutions Ownership	0.26%	May 8, 2025 data point

Communication with this investor base is primarily channeled through required Securities and Exchange Commission (SEC) filings. Income Opportunity Realty Investors, Inc. adheres to a quarterly reporting schedule for its operational results. For example, the results for the quarter ended September 30, 2025, were reported on November 6, 2025. The three months ended June 30, 2025, results were reported on August 7, 2025. The quarter ended March 31, 2025, results were reported on May 8, 2025.

The types of mandatory filings that constitute the bulk of investor information include:

• 10-Q Quarterly Earnings Report
• 8-K Material Event Reports
• DEF 14A Definitive Proxy Statement
• Form 4 Insider Trading Activity Reports

For direct, standard Investor Relations contact, the company provides specific channels, which you can use for formal inquiries. This represents the minimal direct-to-investor touchpoint available outside of the public exchange mechanism. The contact details are:

• Phone Number: 800-400-6407
• Email Address: investor.relations@incomeopp-realty.com
• Corporate Office Address: 1603 Lyndon B Johnson Fwy Suite 800, Dallas, TX 75234

The financial performance data released through these filings gives the market its only regular look at the company's operations. For instance, for the three months ended September 30, 2025, net income attributable to common shares was $1.0 million, or $0.25 per diluted share. This compares to a net income of $1.2 million, or $0.29 per share, for the same period in 2024. The trailing 12-month revenue as of September 30, 2025, was $5.61M.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Channels

The primary channel for Income Opportunity Realty Investors, Inc. (IOR) to reach the broader investment community is through its listing on the NYSE American stock exchange. This public trading venue dictates a baseline level of disclosure and accessibility for all investors. The company is small, with a reported market capitalization of $72.85 million as of late November 2025.

Key stock market metrics relevant to this channel include:

Trading Symbol	IOR
Exchange	NYSE American
Market Capitalization (as of Nov 2025)	$72.85 million
P/E Ratio (Reported)	17.21
Beta (Reported)	0.04

For official corporate information, including governance documents and mandatory disclosures, Income Opportunity Realty Investors, Inc. directs stakeholders to its corporate website. This is the source for official investor information and the repository for all required SEC filings, such as the 10-Q quarterly reports.

Access points via the corporate channel include:

• Corporate Website URL: www.incomeopp-realty.com
• SEC Filings: Access to 10-Q, 8-K, and other mandatory reports.
• Latest 10-Q Filing Date (Q3 2025): November 6, 2025.

Direct communication is maintained for shareholders, particularly major ones, through dedicated Investor Relations channels. This allows for more targeted information flow outside of the standard public filings, though management did not conduct an earnings call for the third quarter of 2025.

Contact details for direct investor relations are:

• Investor Relations Email: investor.relations@incomeopp-realty.com
• Investor Relations Phone: 800-400-6407
• Corporate Address: 1603 Lyndon B Johnson Fwy Suite 800, Dallas, TX 75234
• Insider Ownership Percentage (as of late 2025): 83.16%

Financial news outlets serve as a critical channel for disseminating timely performance data, such as quarterly earnings announcements. These reports provide the most recent operational figures to the market, often summarizing key year-over-year and sequential changes in profitability.

Recent quarterly financial results reported through these outlets highlight the core revenue drivers:

Reporting Period	Three Months Ended September 30, 2025 (Q3 2025)
Net Income Attributable to Common Shares	$1.0 million
Diluted Earnings Per Share (EPS)	$0.25
Revenue (Reported)	$1.40 million
General and Administrative Expenses (G&A)	$63K
Year-Over-Year Net Income Change (Q3 2025 vs Q3 2024)	Decreased 13.9%
Sequential Net Income Change (Q3 2025 vs Q2 2025)	Increased 3.7%

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Customer Segments

You're looking at the ownership structure of Income Opportunity Realty Investors, Inc. (IOR) as of late 2025, and the picture is dominated by a very specific group. This concentration heavily influences the company's strategic direction, which is focused on generating income from its portfolio of notes receivable and direct equity investments.

The primary customer segment, by sheer volume of ownership, is the high-concentration insider group. This segment dictates the near-term governance and operational philosophy.

• High-concentration Insider Shareholders: This group holds an overwhelming majority of the equity, with ownership reported at 90.32% as of the first quarter of 2025 filings.
• Public and retail investors seeking real estate exposure: This segment represents the remaining public float, providing market liquidity.
• Institutional investors with a small 0.24% ownership: This group is minimal, suggesting IOR does not heavily court large asset managers for its core equity structure.
• Accredited investors for potential investment partnerships: While not explicitly detailed in public share ownership, the business model involves strategic partnerships, which often target accredited capital for specific real estate debt or equity deals.

Here's a quick look at the distribution of ownership based on the latest available data points, showing just how concentrated the shareholder base is. This concentration is a key feature of the IOR business model.

Customer Segment Type	Ownership Percentage (Approximate)	Largest Known Holder/Category	Market Value Reference (Approximate)
Insider Shareholders (High Concentration)	90.32%	Transcontinental Realty Investors, Inc.	Reported holding value of $61.51M for the largest insider share block as of October 2025.
Institutional Investors	0.24%	The Vanguard Group, Inc.	Reported holding of 8,889 shares as of October 2025.
Public and Retail Investors	Approximately 9.44% (Inferred)	General Public Float	This segment represents the non-insider, non-institutional ownership.

To be fair, the data on the smaller segments can vary slightly depending on the exact reporting date; for instance, one snapshot showed institutional ownership at 0.03% and retail at 15.47%, but the 90.32% insider figure remains consistent with the overall theme of tight control. The institutional presence is negligible, standing at just 0.24% of the company's shares as of Q1 2025. This structure means that decisions are primarily driven by the interests of the controlling insiders, who are also the management team via the external manager, Pillar Income Asset Management, Inc.

The public and retail investors, who make up the remainder, are seeking exposure to the income-generating side of real estate, primarily through IOR's portfolio of notes receivable collateralized by land and/or multifamily properties. They are buying into a strategy focused on disciplined financial management rather than rapid growth.

• The largest single insider holder, Transcontinental Realty Investors, Inc., held approximately 84.50% of the company as of July 2025 filings.
• The company's market capitalization as of November 2025 was around $75.89 million.
• Net income attributable to common shares for the three months ended September 30, 2025, was $1.0 million, or $0.25 per diluted share.

Finance: draft 13-week cash view by Friday.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Cost Structure

You're looking at the hard numbers that drive the Income Opportunity Realty Investors, Inc. (IOR) cost base as of late 2025. It's a lean operation, focused heavily on the fees related to its structure and management.

Advisory fees paid to related parties (Pillar Income Asset Management) are a core component of the operating costs. For the three months ended September 30, 2025, this expense was $27K. Looking at the year-to-date trend, the advisory fee for the nine months ended September 30, 2025, totaled $77K.

General and administrative costs show tight control. As you noted, the General and administrative cost for the quarter ended September 30, 2025, was exactly $63K. This figure represented an 11.3% decrease year-over-year for the quarter.

The structure of operating expenses is transparent, showing a clear split between G&A and the related-party advisory fee. The total operating expenses for Q3 2025 were $90K, resulting in a Net operating loss of ($90K) before considering the primary income source, which is interest income from related parties.

The following table breaks down the key known operating costs for the most recently reported periods:

Cost Component (USD in thousands)	Three Months Ended September 30, 2025	Nine Months Ended September 30, 2025
Advisory fee to related party	27	77
General and administrative	63	205
Total operating expenses	90	282

Regarding property management and maintenance expenses, these are not itemized separately in the reported Consolidated Statements of Operations for the three or nine months ended September 30, 2025; they are aggregated within the reported operating expenses.

For compliance and legal fees for public company status, these costs are not broken out and are included within the General and administrative line item, which totaled $63K for the third quarter of 2025.

On the topic of interest expense on any outstanding debt, the Income Opportunity Realty Investors, Inc. public filings for the periods ending September 30, 2025, do not list a separate line item for interest expense. The primary interest line item reported is Interest income from related parties, which was $1,395K for the third quarter of 2025.

The cost structure is further defined by these related figures:

• Weighted average common shares used in computing earnings per share for Q3 2025: 4,066,178.
• Total operating expenses for Q2 2025: $97K.
• General and administrative for Q2 2025: $74K.
• Advisory fee to related party for Q2 2025: $23K.

Finance: draft 13-week cash view by Friday.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Revenue Streams

You're looking at the core ways Income Opportunity Realty Investors, Inc. (IOR) brings money in, and as of late 2025, the notes receivable portfolio is defintely the headline driver.

The most significant component is the interest income from the notes receivable portfolio. For the three months ended September 30, 2025, this stream generated $1.395M in interest income. This compares to the same period in 2024, when interest income from related parties was $1.614 million. This shift is a key reason why the net income for Q3 2025 settled at $1.0 million, or $0.25 per diluted share, compared to $1.2 million, or $0.29 per share, in Q3 2024.

Revenue Component (3 Months Ended Sept 30)	2025 Amount (Millions USD)	2024 Amount (Millions USD)
Interest Income from Related Parties	1.395	1.614
Net Income Attributable to Common Shares	1.0	1.2

Income Opportunity Realty Investors, Inc. also generates revenue from rental income from direct equity real estate holdings, which represents properties the company owns outright or through partnerships. Additionally, the company realizes income through capital gains from the strategic disposition of properties, meaning profits made when selling assets from that direct equity portfolio. While the search results don't break out the rental income or capital gains for the period, we can look at the aggregate top-line performance.

Here's the quick math on the overall revenue picture as you analyze the nine-month performance:

• Interest income from the notes receivable portfolio (Q3 2025): $1.395M
• Suggested Q3 2025 revenue: $1.4M
• Total revenue for the nine months ended September 30, 2025: approximately $4.2 million
• Trailing Twelve Months (TTM) revenue: approximately $5.61M

The business model relies on servicing debt instruments and managing physical assets. If onboarding takes 14+ days, churn risk rises, which directly impacts that interest income stream.