Earnings ·
CTO Realty Growth, Inc. reported second quarter 2026 financial results, posting net income attributable to common…
CTO-PACTO Realty Growth, Inc.
CTO Realty Growth, Inc. reported second quarter 2026 financial results, posting net income attributable to common stockholders of $0.38 per diluted share and Core FFO of $0.53 per diluted share. The company closed $153 million of investments at a weighted average initial yield of 10.2%, including the $53.3 million acquisition of Gallery on the Parkway in Dallas and $96.4 million in structured preferred equity investments. It also completed $90.7 million of property dispositions. CTO raised its 2026 Core FFO per diluted share guidance to $2.09–$2.13 and investment volume guidance to $300–$400 million. The company operates as a real estate investment trust owning and operating shopping centers in the United States.