CTO Realty Growth (NYSE: CTO) operates as a real estate investment trust focused on acquiring and managing commercial real estate in southeastern and southwestern U.S. markets. CTO was founded in 1910, became publicly traded in 1969, and has paid annual dividends for over 50 years. The company, headquartered in Winter Park, Florida, targets grocery-anchored centers, lifestyle centers, and power centers in areas with above-average household incomes and population growth. CTO concentrates in markets where average household income reaches $140,000, compared to the U.S. average of $116,000. Major tenants include Fidelity, AMC, Best Buy, and Dick's Sporting Goods. The company manages Alpine Income Property Trust (NYSE: PINE), a publicly traded net lease REIT in which it holds ownership.