CTO Realty Growth Originates a First Mortgage Loan for Whole Foods Market Anchored Development Neighboring The Collection at Forsyth
CTO Realty Growth, Inc. (CTO)
NASDAQ:AMEX Investor Relations:
ir.ctlc.com
Company Research
Source: GlobeNewswire
WINTER PARK, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the origination of a $40.2 million first mortgage loan with an initial term of thirty months and an initial fixed interest rate of 12.15%. The loan is for the development of an approximately 80,000 square foot retail center on approximately 26.6 acres located in Forsyth County, Georgia, a growing and affluent suburb of Atlanta. The development is anchored by a 35,500 square foot Whole Foods Market with the remainder of the development consisting of small shop space and pad sites. The Whole Foods Market anchored retail development neighbors the Company’s 561,000 square foot shopping center known as The Collection at Forsyth. Further, the Company has a right of first refusal to purchase this new retail center. The Company funded approximately $3.2 million of the loan at closing and, while the loan provides for borrowings of up to a maximum of $40.2 million
Show less
Read more
Impact Snapshot
Event Time:
CTO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTO alerts
High impacting CTO Realty Growth, Inc. news events
Weekly update
A roundup of the hottest topics
CTO
News
- CTO Realty Expands With Granada Plaza Acquisition in Tampa Metro Area [Yahoo! Finance]Yahoo! Finance
- CTO Realty Growth Expands Presence In Tampa Metro Area with Acquisition of Grocery Anchored Property [Yahoo! Finance]Yahoo! Finance
- CTO Realty Growth Expands Presence In Tampa Metro Area with Acquisition of Grocery Anchored PropertyGlobeNewswire
- CTO Realty Growth Declares Dividends for the Fourth Quarter 2024GlobeNewswire
- CTO Realty Growth Originates a First Mortgage Loan for Whole Foods Market Anchored Development Neighboring The Collection at Forsyth [Yahoo! Finance]Yahoo! Finance
CTO
Earnings
- 10/24/24 - Beat
CTO
Sec Filings
- 12/3/24 - Form 4
- 11/13/24 - Form EFFECT
- 11/12/24 - Form SC
- CTO's page on the SEC website