News & Achievements

Vinson & Elkins Advises CTO Realty Growth In $1.0 Billion Unsecured Credit Agreement

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October 1, 2026 • 1-minute read

Vinson & Elkins advised CTO Realty Growth, Inc. (“CTO”) in connection with the closing of a $1.0 billion amended and restated unsecured credit facility (the “Credit Facility”) with the proceeds used to repay outstanding borrowings under CTO’s previous $300 million revolving credit facility, its $100 million term loan due January 2027, and its $100 million term loan due January 2028. The Credit Facility is comprised of a $400 million revolving credit facility due September 2030 with two six-month extension options, a $150 million term loan due September 2029, a $150 million term loan due September 2030, a $150 million term loan due September 2031, and a $150 million term loan due September 2032.

The Vinson & Elkins team was led by Partner Zach Swartz and Counsel Noelle Alix, with assistance from Associate John Brown.

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 14 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 www.velaw.com or connect with us on LinkedIn.

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