CTO Realty Growth(CTO) - 2024 Q1 - Quarterly Report

5 The accompanying notes are an integral part of these consolidated financial statements. Table of Contents Table of Contents Commercial Loans and Investments: A portfolio of four commercial loan investments and one preferred equity investment which is classified as a commercial loan investment. 9 Use of Estimates in the Preparation of Financial Statements Restricted cash totaled $8.1 million at March 31, 2024, of which$6.6 million is being held in an escrow account to be reinvested through the like-kind e ...