CTO Realty Growth IncCTO
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Impact on stocks 2
Real Estate
CTO Realty Growth Inc
Alpine Income Property Trust, Inc.PINE
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CTO Realty Growth IncAlpine Income Property Trust, Inc.CTO Realty Growth reported second-quarter 2026 results and raised its full-year Core FFO per diluted share guidance to a range of $2.09 to $2.13, up from the prior $2.06 to $2.11. 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 two structured investments. It also increased its 2026 investment volume guidance to $300 million to $400 million from $175 million to $250 million. Second-quarter Core FFO was $0.53 per diluted share, and same-property net operating income for shopping centers rose 10.1% year-over-year. The company completed $90.7 million in property dispositions at a weighted average exit cash cap rate of 6.7% and issued $83.6 million in common shares through its ATM program.
CTO Realty Growth IncAlpine Income Property Trust, Inc.