secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0001558370-24-012400
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth closes $137.5M three-property portfolio acquisition and $18M sale of Jordan Landing
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- Acquired Carolina Pavilion (Charlotte), Millenia Crossing (Orlando), and Lake Brandon Village (Tampa) for $137.5M total.
- Sold Jordan Landing (West Jordan, UT) for $18.0M on August 15, 2024.
- Portfolio square footage increased ~19% and annual base rent +14% vs June 30, 2024.
- Year-to-date acquisitions total $230M (incl. structured investments); dispositions $38M.
- All properties now located in Southeast and Southwest U.S. after the sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837024012400/0001558370-24-012400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837024012400/cto-20240820x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-012400

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