Skip to content

CTO Realty Growth Announces Pricing of Public Offering of 6.375% Series A Cumulative Redeemable Preferred Stock

Vinson & Elkins advised CTO Realty Growth, Inc. (the “Company”) in connection with an underwritten public offering of 1,500,000 shares of the Company’s 6.375% Series A Cumulative Redeemable Preferred Stock, at a price to the public of $20.00 per share.

The Company also granted the underwriters a 30-day option to purchase up to an additional 225,000 shares of Series A Preferred Stock, which the underwriters partially exercised with respect to 218,417 shares on April 9, 2024. The offering closed on April 11, 2024.

The Vinson & Elkins team was led by partner Zach Swartz, with assistance from partners Paige Anderson and Chris Mangin and associates Bekah Briggs, Selena Govan, Sarah McIntosh, and Austin Scieszinski.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting or connect with us on LinkedIn.

For more information, please speak with our media contacts.