CTO Realty Growth Closes $1 Billion Credit Agreement

04:57 PM EDT, 09/30/2026 (MT Newswires) -- CTO Realty Growth (CTO) said late Wednesday it has closed a $1 billion unsecured credit facility, extending its debt maturities and increasing total commitments by $250 million. The facility includes a $400 million revolving credit facility due September 2030 and a $150 million term loan due September 2029, the company said. CTO also said the facility raises weighted average maturity of its debt to 4.3 years from 1.6 years, excluding extension options. Proceeds were used to repay its borrowings, the company said.