---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000665"
form_type: "8-K/A"
ticker: "CTO"
cik: "0000023795"
company_name: "CTO Realty Growth, Inc."
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:25:50.943068+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CTO Realty Growth files financial statements for $96M Forsyth property acquisition

## Summary
- Acquired The Collection at Forsyth, a mixed-use property in Atlanta, for $96.0 million on Dec 29, 2022.
- Property generated $12.4M lease revenue and $4.0M direct costs (2021); $9.5M revenue and $3.0M direct costs (9M 2022).
- Pro forma net income attributable to common stockholders: $0.27/sh for 9M 2022 and $1.71/sh for 2021.
- Acquisition funded with available cash and revolver draws; structured as reverse like-kind exchange.

## SEC filing metadata
- accession: 0001558370-23-000665
- form_type: 8-K/A
- ticker: CTO
- cik: 0000023795
- company_name: CTO Realty Growth, Inc.
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23795/000155837023000665/0001558370-23-000665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23795/000155837023000665/cto-20221229x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000665
- JSON: https://secwatch.observer/filing/0001558370-23-000665.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000665.txt

## Key facts
- M&A Transactions
  CTO Realty Growth, Inc. completed an acquisition involving a certain institutional owner for $96.0 million (closed 2022-12-29).
  - Action: acquisition
  - Counterparty: a certain institutional owner
  - Consideration: $96.0 million
  - Closing: 2022-12-29
  source text: On December 29, 2022, CTO Realty Growth, Inc. (the "Company" or "CTO") completed the acquisition of a lifestyle, mixed-use property in the Forsyth submarket of Atlanta, Georgia (the "Property") from a certain institutional owner (the "Seller") for a purchase price of $96.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23795/000155837023000665/0001558370-23-000665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.