September 25, 2025 - 20:24
WINTER PARK, Fla., Sept. 25, 2025 – CTO Realty Growth, Inc. has successfully closed a significant $150 million in term loan financing, enhancing its financial stability. This financing package includes a new $125 million term loan set to mature in September 2030, alongside a $25 million increase to the Company’s existing term loan, which is due in September 2029.
The proceeds from this financing initiative have primarily been allocated to retire a $65 million term loan that was due in March 2026. By addressing this upcoming obligation, CTO Realty Growth is not only improving its balance sheet but also positioning itself for future growth opportunities.
This strategic move reflects the Company's commitment to maintaining a robust financial framework, enabling it to navigate the evolving real estate landscape effectively. The refinancing efforts are expected to enhance operational flexibility and support the Company's long-term objectives in the competitive market.
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