secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001558370-25-001216
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty posts Q4 net loss $(0.56)/share; Core FFO $1.88 for FY2024; guides FY2025 Core FFO $1.80-$1.86
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- Q4 net loss $(0.56)/diluted share; full year net loss $(0.35)/share; Core FFO $0.46 (Q4) and $1.88 (FY).
- Invested $330.8M at 9.3% yield in 2024; raised $165.2M net via ATM; same-property NOI up 4.0% YoY.
- Signed 70 leases (452k sq ft) at 23% cash spread; signed-not-open pipeline $5.2M (5.7% of in-place rent).
- FY2025 guidance: Core FFO $1.80-$1.86, AFFO $1.93-$1.98; investments $100M-$200M at 8.0%-8.5% yield.
- Net debt to pro forma adj. EBITDA improved to 6.3x; dividend unchanged at $0.38/quarter common.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837025001216/0001558370-25-001216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837025001216/cto-20250220x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001216

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