CTO Realty Growth, Inc. (CTO) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.217 Good day, and thank you for standing by. Welcome to CTO second quarter 00:00:05.217 -- 00:00:10.282 2025 earnings conference call. At this time, all participants are in 00:00:10.282 -- 00:00:14.367 a listen-only mode. After the speaker's presentation, there'll be a question and answer 00:00:14.367 -- 00:00:19.572 session. To ask a question during the session, you'll need to press star 11 on your telephone. 00:00:19.572 -- 00:00:23.276 You will then hear an automated message advising your hand is raised. 00:00:23.276 -- 00:00:26.660 To answer your question, please press star 11 again. 00:00:26.660 -- 00:00:30.136 Please be advised that today's conference is being recorded. 00:00:30.136 -- 00:00:34.241 I would now like to turn the conference over to your speaker for today, Jenna McKinley. 00:00:34.241 -- 00:00:36.862 Please go ahead. 00:00:39.789 -- 00:00:43.854 Good morning, everyone, and thank you for joining us today for the CTO Realty Growth 00:00:43.854 -- 00:00:47.839 Second Quarter 2025 Operating Results Conference Call. 00:00:47.839 -- 00:00:53.147 Participating on the call this morning are John Albright, President and CEO, Philip Mays, 00:00:53.147 -- 00:00:57.452 CFO, and other members of the executive team that will be available to answer questions 00:00:57.452 -- 00:01:01.688 during the call. I would like to remind everyone that many of our comments today are 00:01:01.688 -- 00:01:05.552 considered forward-looking statements under federal securities laws. 00:01:05.552 -- 00:01:09.796 The company's actual future results may differ significantly from the matters discussed 00:01:09.796 -- 00:01:15.261 in these forward-looking statements, and we undertake no duty to update these statements. 00:01:15.261 -- 00:01:19.946 Factor...