secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001558370-23-007085
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth posts Q1 net loss $0.32/sh; Core FFO $0.39; dividend up 5.6%
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- Net loss per diluted share ($0.32); Core FFO $0.39, AFFO $0.43 for Q1 2023.
- Same-Property NOI decreased 1.2% YoY; leased occupancy at 94% with 350 bps future pickup.
- Acquired 6,000 sq ft retail in Buford, GA for $3.3M at 7.2% cap; originated $15M loan at 8.75%.
- Repurchased 303,354 shares for $5.0M at avg $16.48; paid $0.38 dividend (+5.6% YoY).
- FY2023 guidance: AFFO per share $1.64–$1.69; Core FFO per share $1.50–$1.55.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837023007085/0001558370-23-007085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837023007085/cto-20230427x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-007085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer