Hmg/Courtland Properties, Inc. (Hmg) owns and manages commercial properties in Coconut Grove, Florida that consist of the Grove Isle, a luxury resort with a 50-room hotel, restaurant/banquet facilities, marina, tennis courts and spa controlled through a limited liability company formed by its subsidiary Cii Spa, Llc, and another entity, and 50% interest in a restaurant, marina and office/retail mall facility called Monty's, which is controlled by Bayshore Landing, Llc and Bayshore Rawbar, Llc. In addition to these, the Company also owns three properties held for development in Montpelier, Vermont, in Houston, Texas and in Hopkinton, Rhode Island. HMG/Courtland Properties, Inc, is an ownership and management company of income producing commercial properties and other investments.