CTO Realty Growth Provides 2024 Business Update; Closed $274M In Investments Year-To-Date; Raised $126M Under ATM Program In Q3; Closed $100M Unsecured Term Loan
Portfolio Pulse from Benzinga Newsdesk
CTO Realty Growth, Inc. has provided a business update for 2024, highlighting $274 million in investments year-to-date, $126 million raised under its ATM program in Q3, and the closure of a $100 million unsecured term loan.
September 30, 2024 | 8:15 pm
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CTO Realty Growth has made significant financial moves in 2024, including $274 million in investments, raising $126 million through its ATM program in Q3, and securing a $100 million unsecured term loan.
The company's substantial investments and successful capital raising efforts indicate strong financial health and growth potential, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100