Mission Statement, Vision, & Core Values of CTO Realty Growth, Inc. (CTO)

What steers a company like CTO Realty Growth, Inc. (CTO), which reported a total revenue of $103.9 million and net income attributable to common stockholders of $24.9 million for the fiscal year ended December 31, 2024?

The answer lies in its mission, vision, and core values. These aren't just words on a wall; they're the guiding principles that shape every decision and strategy, influencing everything from property investments to shareholder value. Have you ever wondered how these elements translate into tangible results and drive a company forward?

CTO Realty Growth, Inc. (CTO) An Overview of

CTO Realty Growth, Inc. (CTO) has a rich history rooted in the land business. Originally established as Consolidated-Tomoka Land Co., the company evolved into a diversified real estate investment trust (REIT). CTO focuses on high-growth markets in the United States, utilizing its expertise to acquire, own, and operate a portfolio of income-producing properties. As of April 2025, CTO continues to actively manage and expand its real estate holdings, demonstrating its commitment to delivering long-term value to its shareholders.

CTO Realty Growth operates primarily in the commercial real estate sector. Its portfolio includes a variety of properties such as:

• Retail
• Office
• Multi-family residential
• Mixed-use developments

These properties are strategically located in high-growth markets, which enables CTO to generate consistent income and capital appreciation.

In the 2024 fiscal year, CTO Realty Growth, Inc. reported strong financial results, driven by strategic property acquisitions and effective asset management. The company's revenue reached a record high, with significant contributions from its core commercial real estate portfolio. Specifically, the increase in revenue was supported by a 97.6% leased percentage across the portfolio. CTO's growth in key markets, combined with its operational efficiency, has solidified its position as a leader in the REIT sector. As of the latest reports, CTO Realty Growth has demonstrated robust financial health and strategic growth, making it a noteworthy player in the real estate investment landscape.

To delve deeper into CTO Realty Growth, Inc., including its historical milestones, ownership structure, mission, and operational strategies, explore CTO Realty Growth, Inc. (CTO): History, Ownership, Mission, How It Works & Makes Money.

CTO Realty Growth, Inc. (CTO) Mission Statement

CTO Realty Growth, Inc. is a publicly traded real estate investment trust (REIT) that owns and operates high-quality, retail-based properties primarily in the higher-growth markets of the United States. CTO also manages and holds a significant stake in Alpine Income Property Trust, Inc. (NYSE: PINE), another publicly traded net lease REIT.

CTO Realty Growth focuses on creating a leading multi-tenant, retail-focused portfolio in strong growth markets. CTO's philosophy revolves around buying well-located assets in good geographic areas and enhancing the portfolio by improving it over time. The company is focused on properties in the Southeast and Southwest, as it looks to acquire more high-quality, larger format retail properties in business-friendly states with faster-growing markets.

As of Q2 2024, CTO owns 20 properties spanning 3.9 million square feet with a leased occupancy rate of 94.6%. Approximately 62% of the annualized base rent comes from retail tenants, 33% from mixed-use tenants, and 5% from office tenants. CTO's largest tenants include Fidelity, AMC, Best Buy, and Whole Foods, among others.

CTO Realty Growth, Inc. has been on a journey the past few years, one that has involved a name change, conversion to a REIT, and a strong focus on active portfolio management. While constantly working to refine the company, CTO has largely transformed itself into a pure-play, retail-focused REIT, operating in markets where it sees outsized long-term growth potential.

For a property to be a good fit for CTO, the REIT mainly looks for solid real estate fundamentals—investing in locations that will be winners over the long term with regards to demographics, job growth, and population growth.

CTO Realty Growth is committed to sustainability, strong corporate governance, and meaningful corporate social responsibility programs.

• Environmental: Committed to maintaining an environmentally conscious culture, the utilization of environmentally friendly & renewable products, and the promotion of sustainable business practices, as applicable.
• Social: Dedicated to an inclusive and supportive office environment filled with diverse backgrounds and perspectives, with a demonstrated commitment to financial, mental and physical wellness.
• Governance: We are dedicated to maintaining a high standard for corporate governance predicated on integrity, ethics, diversity and transparency, and we consider good governance to include being a good corporate citizen.

Some of CTO's most notable environmental actions are the following:

• Conveyed over 11,000 acres of its undeveloped land near Daytona Beach to the State of Florida to significantly enlarge the neighboring Tiger Bay State Forest.
• Completed development of two beachfront restaurants in Daytona Beach, which included special lighting and other features to accommodate and enhance nesting of sea turtles.
• Over the past 9 years, the Company has planted approximately 170,000 pine trees in Florida and has restored over 700 acres of former industrial timberland. These 170,000 trees absorb more than 1,000 tons of carbon each year.

CTO Realty Growth targets a payout ratio of 100%, which has resulted in twelve consecutive years of dividend increases and a 67% increase to CTO's annualized dividend since 2020.

The average annual household income was nearly $137,000 in 2023 in the markets in which CTO operates, compared to the US average annual household income of $107,000.

CTO Realty Growth, Inc. (CTO) Vision Statement of

CTO Realty Growth, Inc. (CTO) operates as a real estate investment trust (REIT). Understanding its vision, mission, and core values provides insight into its strategic objectives and operational philosophy. These elements guide the company’s actions and help stakeholders understand its long-term goals. For a deeper dive into the company's background, explore CTO Realty Growth, Inc. (CTO): History, Ownership, Mission, How It Works & Makes Money.

Mission Statement

CTO Realty Growth’s mission statement reflects its commitment to creating value through strategic real estate investments. While a specific, publicly declared mission statement can sometimes be elusive, analyzing their actions and communications reveals their core objectives. Generally, REITs like CTO aim to maximize shareholder value through a combination of:

• Strategic property acquisitions
• Efficient property management
• Prudent capital allocation

This involves identifying properties with growth potential, enhancing their value through active management, and ensuring a steady stream of income for investors. For instance, CTO Realty Growth reported total revenues of $93.7 million for the fiscal year 2024.

Vision

The vision of CTO Realty Growth can be inferred from its investment strategy and long-term goals. A clear articulation of their vision is to be a leading REIT known for:

• Sustainable growth
• High-quality assets
• Strong financial performance

This vision is supported by their focus on diversified commercial properties across the U.S. As of December 31, 2024, CTO Realty Growth's property portfolio included approximately 2.6 million square feet of leasable space. The company aims to achieve sustainable growth by carefully selecting properties in markets with strong economic fundamentals. Their investments often target areas with potential for increased occupancy rates and rental income. They also strive to maintain high-quality assets through ongoing property improvements and proactive management. CTO Realty Growth's strong financial performance is evident in its consistent dividend payouts and growth in net operating income (NOI). In 2024, the company's net income was $23.9 million, showcasing its ability to generate profits and deliver value to shareholders.

Core Values

Core values define the principles that guide CTO Realty Growth's operations and interactions with stakeholders. These values drive the company's culture and decision-making processes. The inferred core values include:

• Integrity: Conducting business with honesty and transparency.
• Excellence: Striving for the highest standards in property management and investment.
• Innovation: Embracing new ideas and technologies to improve operations.
• Collaboration: Working together with tenants, partners, and employees to achieve common goals.
• Shareholder Focus: Prioritizing the interests of shareholders by delivering consistent returns.

These values are reflected in the company's commitment to ethical business practices and sustainable development. For example, CTO Realty Growth actively seeks opportunities to reduce its environmental footprint and promote energy efficiency in its properties. The company also values its relationships with tenants, working closely with them to create mutually beneficial outcomes. This collaborative approach extends to its employees, fostering a culture of teamwork and professional development. CTO Realty Growth's dedication to shareholder focus is evident in its consistent dividend payments and proactive communication with investors. In 2024, the company declared dividends totaling $4.60 per share, demonstrating its commitment to returning value to shareholders.

CTO Realty Growth, Inc. (CTO) Core Values of

At CTO Realty Growth, Inc. (CTO), a commitment to core values drives their operations and strategic decisions. These values reflect the company's dedication to integrity, growth, and community. Understanding these principles provides insight into how CTO Realty Growth, Inc. (CTO) conducts its business and interacts with stakeholders. For more in-depth insights, explore Exploring CTO Realty Growth, Inc. (CTO) Investor Profile: Who’s Buying and Why?.

While specific details on named core values are not available in the provided search snippets, the following values are commonly emphasized in corporate environments and are likely relevant to CTO Realty Growth, Inc. (CTO):

Integrity

Integrity is crucial for building trust with investors, partners, and the community. It means adhering to high ethical standards in all transactions and communications. A company demonstrating integrity will prioritize transparency and honesty, ensuring that all stakeholders are well-informed and treated fairly.

Growth

Focusing on growth involves continuously seeking opportunities to expand and improve the company's portfolio and services. This can include strategic acquisitions, developments, and investments in emerging markets. Sustainable growth not only increases shareholder value but also contributes to the overall economic health of the communities where the company operates.

Community

Commitment to community involves recognizing the company’s role in supporting local areas through job creation, philanthropy, and sustainable development practices. Engaging with the community helps foster goodwill and strengthens the company’s reputation as a responsible corporate citizen. This commitment extends to environmental stewardship, ensuring that development projects minimize their impact on the natural environment.

Although precise details of CTO Realty Growth, Inc. (CTO)'s core values were not found in the provided search results, these inferred values align with common business ethics and strategic objectives often seen in successful real estate companies.