secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001558370-23-012412
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Q2 2023 Core FFO per share $0.43; invests $72.5M in acquisitions, same-property NOI down 2.5%
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- Reported Core FFO per diluted share of $0.43, down from $0.47 in Q2 2022; AFFO per share $0.48 vs $0.49.
- Net income attributable to common stockholders $605K ($0.03 per share) vs $22K in Q2 2022.
- Invested $72.5M in three multi-tenant retail properties at 8.0% cap rate; sold one property for $2.1M.
- Signed 17 leases with 8.6% comparable growth; same-property NOI decreased 2.5% YoY.
- Paid common dividend of $0.38 per share, a 1.8% increase from prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837023012412/0001558370-23-012412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837023012412/cto-20230727x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012412

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