CTO Realty Growth, Inc. (CTO) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.134 Ladies and gentlemen, thank you for standing by. 00:00:03.134 -- 00:00:08.760 Welcome to CTO Realty Growth third quarter 2025 earnings 00:00:08.760 -- 00:00:14.306 call. At this time, all participants are in a listen-only mode. 00:00:14.306 -- 00:00:18.791 After the speaker's presentation, there will be a question and answer session. 00:00:18.791 -- 00:00:24.857 To ask a question during the session, you would need to press star 11 on your telephone. 00:00:24.857 -- 00:00:29.056 You will then hear an automated message advising your hand is raised. 00:00:29.056 -- 00:00:32.522 To withdraw your question, please press star 11 again. 00:00:32.522 -- 00:00:36.889 Please be advised that today's conference is being recorded. 00:00:36.889 -- 00:00:42.940 I would like now to turn the conference over to Jenna McKinney, Director of Finance. 00:00:42.940 -- 00:00:45.601 Please go ahead. 00:00:46.766 -- 00:00:50.813 Good morning, everyone, and thank you for joining us today for the CTO Realty Growth 00:00:50.813 -- 00:00:55.128 Third Quarter 2025 Operating Results Conference Call. 00:00:55.128 -- 00:00:59.334 Participating on the call this morning are John Albright, President and Chief Executive 00:00:59.334 -- 00:01:04.422 Officer, Philip Mays, Chief Financial Officer, and other members of the executive 00:01:04.422 -- 00:01:08.668 team that will be available to answer questions during the call. 00:01:08.668 -- 00:01:12.534 I would like to remind everyone that many of our comments today are considered forward-looking 00:01:12.534 -- 00:01:17.542 statements under federal securities laws. The company's actual future results may differ 00:01:17.542 -- 00:01:21.688 significantly from the matters discussed in these forward-looking statements, and we...