PGI (PGAI) Gross Loan

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PGI Gross Loan?

Gross Loan only applies to banks.

PGI Business Description

Address 212 South Central Avenue, St. Louis, MO, USA, 63105
PGI Inc. is a United States-based real estate company whose primary activity is the marketing and disposition of its owned real property assets. Rather than operating as a developer or ongoing property manager, the company functions largely as an asset liquidation vehicle, selling land and other real estate holdings to recover value for shareholders. Its revenue derives from proceeds generated through the sale of these properties, with results depending heavily on the timing and pricing of individual transactions. The company's operations are concentrated in the United States, and its portfolio has historically consisted of land parcels and related real estate interests accumulated over time. Because its business centers on selling down existing holdings rather than acquiring or developing new ones, PGI's scale and activity tend to diminish as assets are disposed of.