Hunton Andrews Kurth Advises Underwriters on $33.3 Million Public Offering by CTO Realty Growth, Inc.
Hunton Andrews Kurth LLP represented the underwriters in connection with a public offering of additional shares of 6.375% Series A Cumulative Redeemable Preferred Stock by CTO Realty Growth, Inc.
CTO Realty Growth, Inc. (NYSE: CTO) is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also owns an approximate 15% interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.
The Hunton Andrews Kurth team advising on the transaction was led by partner James V. Davidson with the assistance of associates Casey Shaw, Alexa Williams, Kaitlyn Thorson, and Davis Neitzschman. Tax advice was provided by partner Kendal Sibley and associates Patrick Tricker and Zachary Roop.
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