CTO Realty Growth(CTO)
Search documents
CTO Realty Expands Portfolio with High-Yield Shopping Center Deals
Yahoo Finance· 2026-01-28 08:46
CTO Realty Growth, Inc. (NYSE:CTO) is included among the 13 Dividend Stocks with Over 8% Yield. CTO Realty Expands Portfolio with High-Yield Shopping Center Deals On January 6, CTO Realty Growth, Inc. (NYSE:CTO) rolled out a rundown of its deal activity for 2025 and highlighted new leasing progress at The Collection at Forsyth. Over the year, the company picked up two shopping centers in high-growth pockets of Atlanta and South Florida for a combined $144.9 million. Those deals came with a weighted aver ...
CTO Realty Growth Announces Fourth Quarter and Full Year 2025 Earnings Release and Conference Call Information
Globenewswire· 2026-01-22 21:05
WINTER PARK, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the fourth quarter and full year of 2025 after the market closes on Thursday, February 19, 2026. A conference call to discuss its financial and operating results is scheduled for Friday, February 20, 2026 at 9:00 AM ET. A live webcast of the call will be available on the Investor Relations page of the Company’s website at www.ctoreit.c ...
CTO Realty Growth Preferred: Is 7.4% Enough?
Seeking Alpha· 2026-01-18 08:59
Core Insights - The article discusses CTO Realty Growth (CTO) and its preferred stock (CTO.PR.A), which currently offers a yield of approximately 7.4% [1] Group 1: Company Overview - CTO Realty Growth is highlighted as a potential investment opportunity due to its preferred stock's yield [1] Group 2: Investment Strategy - The article suggests that active investors can join a free trial to engage in discussions about investment opportunities, including those related to CTO [1]
CTO Realty Growth Announces Full Year Investment Activity and Leasing Update for the Collection at Forsyth
Globenewswire· 2026-01-06 21:54
Core Viewpoint - CTO Realty Growth, Inc. has reported significant transaction activities for the year 2025, including new leases and investment activities, indicating a strong performance in high-growth markets [1][7]. Leasing Update - The company executed three new leases at The Collection at Forsyth, totaling approximately 12,000 square feet, with lease terms ranging from 5 to 15 years, increasing the Center's leased occupancy to 93% [2][3]. Property Overview - The Collection at Forsyth is a 561,000-square-foot outdoor lifestyle center located in a rapidly growing area of Atlanta, featuring a mix of national retailers, local boutiques, restaurants, fitness concepts, and entertainment venues [3]. Investment Activity - For the full year 2025, the company reported total investment activity of $165.9 million with a weighted average initial cash yield of 9.0%. This includes the acquisition of two shopping center properties for $144.9 million at a yield of 8.7% and $21.0 million in structured investment commitments at a yield of 10.7% [7]. Disposition Activity - The company also reported disposition activity totaling $85.1 million for the year, with a weighted average exit cash rate in the mid-5% range [7].
CTO Realty Growth: I Almost Bought It Until I Saw This
Seeking Alpha· 2026-01-01 14:15
Core Insights - The article highlights the extensive experience of Roberts Berzins in financial management, particularly in shaping financial strategies for top-tier corporates and executing large-scale financings [1] - It emphasizes Berzins' contributions to institutionalizing the REIT framework in Latvia, aimed at enhancing the liquidity of pan-Baltic capital markets [1] - The article also notes Berzins' involvement in developing national SOE financing guidelines and frameworks to channel private capital into affordable housing [1] Group 1 - Roberts Berzins has over a decade of experience in financial management [1] - He has significantly contributed to the institutionalization of the REIT framework in Latvia [1] - Berzins is a CFA Charterholder and holds an ESG investing certificate [1] Group 2 - He has worked on developing national SOE financing guidelines [1] - Berzins is focused on channeling private capital into affordable housing stock [1] - He is actively involved in thought-leadership activities to support pan-Baltic capital markets [1]
Leased Occupancy at Marketplace at Seminole Towne Center Reaches 100%
Globenewswire· 2025-12-22 11:55
Core Viewpoint - CTO Realty Growth, Inc. has signed an anchor lease with a national retailer, achieving 100% leased occupancy at Marketplace at Seminole Towne Center in Orlando, Florida [1][2][3] Group 1: Lease Details - The new lease covers 48,000 square feet, consolidating 34,000 square feet previously occupied by Big Lots, along with 9,000 square feet of small shop space and 5,000 square feet of new expansion space [2] - The lease has an initial term of 10 years, with the tenant expected to open in early 2027 [2] Group 2: Company Performance and Strategy - The execution of this lease resolves seven out of ten vacant anchor spaces, presenting a mark-to-market releasing opportunity to generate net operating income (NOI) growth [3] - The company is negotiating leases with several prospective tenants and aims for a 40% to 60% positive cash leasing spread across all ten anchor spaces [3] Group 3: Property Overview - Marketplace at Seminole Towne Center spans 320,000 square feet across 41 acres, strategically located along I-4 and SR 417, just over 20 miles north of downtown Orlando [3] - The center is anchored by national retailers such as Target, Burlington, Marshalls, Boot Barn, and Ross Dress for Less, providing high foot traffic and strong visibility [3]
CTO Realty Growth Announces the Sale of the Shops at Legacy North for $78.0 Million
Globenewswire· 2025-12-19 21:35
Core Viewpoint - CTO Realty Growth, Inc. has successfully sold the Shops at Legacy North for $78.0 million, reflecting strong market demand and effective leasing strategies [1][2]. Group 1: Transaction Details - The Shops at Legacy North, a 243,000-square-foot mixed-use lifestyle center in Dallas, Texas, was sold for $78.0 million, which translates to $321 per square foot [1]. - The transaction was completed at an approximate low-5% exit cash cap rate, allowing the company to recycle capital into higher-yielding opportunities [2]. Group 2: Financial Strategy - The net proceeds from the sale will be utilized as part of a Section 1031 like-kind exchange, retroactively funding the recent acquisition of Pompano Citi Centre [2]. - Year-to-date disposition volume for the company stands at $85.1 million, including the Shops at Legacy North, with a weighted average exit cash cap rate of mid-5% [3]. Group 3: Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality open-air shopping centers primarily located in high-growth markets in the Southeast and Southwest United States [4].
BP’s C-suite milestone: Women in both the CEO and CFO seats
Fortune· 2025-12-19 12:51
Company Leadership Changes - BP has appointed Meg O'Neill as CEO, effective April 1, making her the first woman to lead a major oil company [2][3] - Current CEO Murray Auchincloss has stepped down but will remain in an advisory role until 2026, with Carol Howle serving as interim CEO [1][3] Gender Representation in Leadership - BP is unique among major oil companies as it will have both a female CEO and CFO, with Kate Thomson serving as CFO since February 2024 [2] - Other notable women in finance leadership within the oil sector include Kathryn A. Mikells at Exxon Mobil and Sinead Gorman at Shell [5] Industry Context - O'Neill takes over BP at a time when the company is perceived to be lagging behind competitors and was considered a potential takeover target by Shell earlier this year [3] - O'Neill has a background with Exxon Mobil and has significantly expanded Woodside Energy's global presence in natural gas [4]
AI governance becomes a board mandate as operational reality lags
Fortune· 2025-12-18 13:11
AI Governance in Fortune 500 Companies - AI governance has become a top priority for boards at Fortune 500 companies as they work to deploy AI at scale [1] - A Sedgwick report indicates that 70% of Fortune 500 executives have AI risk committees, 67% report progress on AI infrastructure, and 41% have dedicated AI governance teams, but only 14% feel fully ready for AI deployment, highlighting a gap between governance structures and actual readiness [2][3] - The report surveyed 300 senior leaders, including C-suite executives, revealing that while oversight has been formalized, foundational elements like processes and skills have not kept pace with AI advancements [3] Implementation Challenges - The leading challenge in AI implementation is the rapid pace of AI change, followed by difficulties in governance execution and data privacy management [4] - Regulatory uncertainty and change management are also significant hurdles, indicating that success requires alignment of people, policy, and technology [4] Gaps in AI Governance - Visibility is a major gap, as many organizations lack a comprehensive view of AI usage, leading to unmanaged risks from shadow AI and unsanctioned tools [6] - There is a conceptual gap where governance is often mistaken for regulation, whereas it should encompass risk understanding, product quality, and alignment with organizational values [7] - AI literacy is another critical gap; organizations cannot govern effectively if only a small team understands AI technology while the rest deploys AI tools [8] Evolving AI Landscape - The AI landscape is evolving from predictive models to generative AI and now to agentic systems capable of autonomous actions [9] - Good governance is contextual and should align with what organizations value most, as illustrated by PepsiCo's focus on reputation and responsible AI [9][10] - Effective governance practices must move beyond theoretical frameworks to operational practices that ensure AI is safe, trustworthy, and fit for purpose [10] Economic Outlook - KKR's 2026 Global Macro Outlook predicts better-than-expected GDP and earnings growth across major regions, suggesting a favorable environment for investment [13] - The report emphasizes the importance of "high grading" portfolios in a mature cycle, with an implied 10-year forward CAGR for the S&P 500 close to 16% [14]
CTO Realty Growth Announces Acquisition of Pompano Citi Centre for $65.2 Million
Globenewswire· 2025-12-18 12:16
Core Viewpoint - CTO Realty Growth, Inc. has announced the acquisition of Pompano Citi Centre for $65.2 million, marking its first entry into the Fort Lauderdale market and expanding its footprint in Florida [1][3]. Group 1: Acquisition Details - The Pompano Citi Centre consists of 509,000 square feet of operating space, currently 92% occupied, and includes 62,000 square feet of unfinished shell space for future leasing opportunities [2]. - The property is anchored by major retailers such as Burlington, TJ Maxx, Nordstrom Rack, Ross Dress for Less, and J.C. Penney, and is located at a high-traffic intersection, enhancing visibility and access [2]. - The surrounding area has a robust demographic profile, with an average household income of $105,000 and a population exceeding 250,000 within a five-mile radius [2]. Group 2: Strategic Implications - The acquisition is expected to create long-term value through strategic mark-to-market rent opportunities and incremental leasing [3]. - This transaction is accretive to an anticipated property disposition, bringing the year-to-date investment volume to $149.9 million [3]. Group 3: Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality, open-air shopping centers in high-growth markets in the Southeast and Southwest United States [4]. - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [4].