secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001558370-22-019048
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth acquires The Collection at Forsyth for $96M, 560K sq ft mixed-use property in Atlanta
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- Purchase price of $96.0 million; funded via equity offering, available cash, and credit facility draws.
- Property is 560,000 sq ft, 80% leased, located in Forsyth County, GA (Atlanta submarket).
- Going-in cap rate above company's guidance range for initial cash yields.
- Tenants include Academy Sports, AMC Theatres, Barnes & Noble; vacancy includes former Earth Fare outparcel.
- Management plans to reposition through capital investment, improved tenant mix, and leasing existing vacancy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837022019048/0001558370-22-019048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837022019048/cto-20221229x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-019048

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