Consolidated-Tomoka Land Co. (CTO) 44.48 $CTO
Consolidated Tomoka Amends Its Unsecured Revolving Credit Facility
Business Wire - Fri Aug 01, 4:02PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company"
today announced the closing of an amendment to its unsecured revolving credit facility.
Consolidated-Tomoka Land Co. Reports Second Quarter 2014 Earnings of $0.13 Per Share an Increase of 225%
Business Wire - Tue Jul 29, 5:13PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company" today announced its operating results and earnings for the second quarter ended June 30, 2014.
Consolidated Tomoka acquires building in Florida for about USD5.3m
M2 - Fri Jul 18, 9:36AM CDT
A real estate company, Consolidated-Tomoka Land Co (NYSE MKT:CTO) acquired a 52,665 sq ft building on 6.82 acres in Daytona Beach, Florida for about USD5.3m, it disclosed today.
Consolidated Tomoka Completes the Acquisition of American Signature Furniture Store for Approximately $5.3 Million
Business Wire - Thu Jul 17, 3:47PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" today announced the acquisition of a 52,665 square-foot building situated on 6.82 acres in Daytona Beach, FL for approximately $5.3 million. The building is leased to American Signature, Inc. with a remaining term of approximately 6 years and is located within an approximately 250,000 square-foot retail shopping center ("Shopping Center" anchored by Best Buy, PetSmart and Barnes & Noble. The Company owns the property leased to Barnes & Noble.
Consolidated Tomoka closes two loan investments for about UDS15.3m
M2 - Fri May 23, 4:31AM CDT
Consolidated-Tomoka Land Co (NYSE MKT:CTO), a real estate company, disclosed on Friday that it has completed two loan investments for an estimated USD15.3m.
Consolidated Tomoka Completes Two Loan Investments for Approximately $15.3 Million
Business Wire - Thu May 22, 1:24PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" today announced the acquisition of an approximately $9.0 million B-Note secured by a retail shopping center located in Sarasota, FL. The loan matures in June 2015, includes 3 one-year extension options and bears a floating interest rate of 30-day Libor plus 725 basis points. The loan is pari-passu to an approximately $48.0 million A-Note secured by the same property, for a total debt balance of $57.0 million.
Consolidated-Tomoka Land Has Returned 13.1% Since SmarTrend Recommendation (CTO)
Comtex SmarTrend(R) - Wed Apr 02, 9:50AM CDT
SmarTrend identified an Uptrend for Consolidated-Tomoka Land (AMEX:CTO) on February 24th, 2014 at $36.31. In approximately 1 month, Consolidated-Tomoka Land has returned 13.11% as of today's recent price of $41.07.
13.4% Return Seen to Date on SmarTrend Consolidated-Tomoka Land Call (CTO)
Comtex SmarTrend(R) - Wed Mar 26, 9:19AM CDT
SmarTrend identified an Uptrend for Consolidated-Tomoka Land (AMEX:CTO) on February 24th, 2014 at $36.31. In approximately 1 month, Consolidated-Tomoka Land has returned 13.38% as of today's recent price of $41.17.
United Airlines layoffs unacceptable
CNW Group - Thu Feb 20, 3:10PM CST
The layoffs and contracting out announced by United Airlines at airports across Canada today are unacceptable and need to be reversed, Unifor National President Jerry Dias says.
Consolidated-Tomoka Land Co. Reports Fourth Quarter and Year End 2013 Earnings and Announces 2014 Guidance
Business Wire - Tue Feb 11, 11:33AM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" today announced its operating results for the fourth quarter and year ended December 31, 2013.
Consolidated Tomoka Announces Successful Foreclosure on Approximately 600 Acres
Business Wire - Thu Jan 30, 10:50AM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" today announced that its approximately $4.7 million claim for un-reimbursed road costs and accrued interest, which was subject to a judgment from 2012, has been satisfied through the successful foreclosure of approximately 600 acres of land. The Company originally sold the land to a residential developer in 2004. The Company believes that the property's proximity to the Company's LPGA International golf club, the USTA's tennis facility, Champion Elementary School, and I-95 and I-4 makes the property attractive as a residential community development.
Consolidated Tomoka Announces Actions Related to 2014 Annual Meeting of Shareholders
Business Wire - Thu Jan 23, 3:05PM CST
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company" today announced that the Company's annual meeting of shareholders will be held on Wednesday, April 23, 2014 at 2:00 p.m. local time, in Daytona Beach, Florida. The record date for shareholders entitled to notice of and to vote at the annual meeting has been set for February 28, 2014.
Predictive Solutions Veterans Launch PointPredictive, Inc.
Marketwire - Tue Jan 14, 8:06AM CST
PointPredictive, Inc. launched today as a product innovator focused on providing organizations predictive science-based solutions for managing risk, providing new insight from available data and leveraging newer technology for faster deployment and enhanced user experiences. Created by entrepreneurs, executives and predictive solution veterans Tim Grace, Frank McKenna and Joe Jackson, the three PointPredictive founders address a growing market need for focused, creative, fast and results-driven expertise to design, build and deploy projects that leverage predictive science to solve today's business challenges. Services and solutions include analytic-driven products for consumer lending, auto finance, mortgage, payment cards, real estate, and consumer rental markets.
Consolidated-Tomoka reduces number of board directors
M2 - Fri Jan 10, 3:31AM CST
Real estate company Consolidated-Tomoka Land Co (NYSE MKT:CTO) said on Thursday that William H Davison informed the company that he will not stand for re-election to the board of directors at the end of his term, at the annual shareholders' meeting in April 2014.
Consolidated-Tomoka Land Co. Announces Reduction of Board of Directors
Business Wire - Thu Jan 09, 4:34PM CST
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company" today announced that William H. Davison informed the Company of his intentions to not stand for re-election to the Board of Directors at the end of his term at the annual meeting of shareholders to be held in April 2014. Jeffry B. Fuqua, Chairman of the Board, stated, "Mr. Davison has provided valuable leadership and has made significant contributions to the Company during his tenure as a Director." Mr. Fuqua also noted that "Early in 2012 the Board determined that it intended to reduce the size of the Board to seven by 2014 to bring the Company's Board size to a more appropriate level. With Mr. Davison's decision to not stand for re-election, the number of directors will be seven following the annual meeting. The Board and the staff of the Company wish Mr. Davison the very best."
Consolidated-Tomoka Reports Payoff of $19.56 Million Commercial Mortgage Loan Investment
Business Wire - Tue Jan 07, 9:51AM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" today announced that the outstanding principal balance on the Company's commercial mortgage loan investment (the "Loan Investment" has been paid off prior to its scheduled maturity. The Loan Investment had an original principal balance of $19.56 million and was secured by a hotel in Atlanta, Georgia. The Company acquired the Loan Investment in August 2013 for approximately $17.65 million. Including principal payments, interest payments, and fees the Company earned approximately $2.5 million in the 5 months of this Loan Investment.
Consolidated Tomoka Reports a Completed Transaction in Its Income Property Portfolio
Business Wire - Mon Dec 30, 3:06PM CST
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company" today announced it has sold a property in Orlando, Florida, leased to PNC Bank, N.A., for a purchase price of approximately $3.7 million. The lease with PNC has approximately six years of remaining term. The Company's estimated gain on the sale is approximately $210,000. The proceeds from the sale of this property will be used to complete a Section 1031 exchange for the income property located in Germantown, Maryland, leased to Big Lots, which the Company acquired in September 2013. The lease with Big Lots has approximately ten years remaining on its term.
Consolidated Tomoka declares closure of land sale to CarMax for about USD1.05m
M2 - Tue Dec 24, 4:07AM CST
Real estate company Consolidated-Tomoka Land Co (NYSE MKT:CTO) closed on the sale of about 6.23 acres of land to CarMax, for about USD1.05m, approximately USD168,500 per acre, the company disclosed on Monday.
Consolidated Tomoka Announces Closing of Land Transactions
Business Wire - Mon Dec 23, 12:24PM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" announced that is has closed on the sale of approximately 6.23 acres to CarMax for approximately $1.05 million, or approximately $168,500 per acre. The parcel sold to CarMax is next to Furniture Row along the West side of I-95 in Daytona Beach, FL. The Company expects to recognize a loss of approximately $412,000 related to the sale of this property, which was reacquired through foreclosure in 2009.
Consolidated Tomoka Acquires Big Lots Store in Germantown, Maryland
Business Wire - Mon Sep 16, 8:35AM CDT
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company" today announced the acquisition of a 25,600 square-foot building situated on 2.40 acres in Germantown, Maryland. The building is located within the Milestone Center, an approximately 860,000 square-foot retail shopping center anchored by Target, Wal-Mart and The Home Depot and across the street from a 103,000 square-foot retail shopping center anchored by Giant Food Stores, LLC.
Consolidated Tomoka Amends Its Unsecured Revolving Credit Facility
Business Wire - Fri Aug 01, 4:02PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company"
today announced the closing of an amendment to its unsecured revolving credit facility. Consolidated-Tomoka Land Co. Reports Second Quarter 2014 Earnings of $0.13 Per Share an Increase of 225%
Business Wire - Tue Jul 29, 5:13PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company"
today announced its operating results and earnings for the second quarter ended June 30, 2014. Consolidated Tomoka acquires building in Florida for about USD5.3m
M2 - Fri Jul 18, 9:36AM CDT
A real estate company, Consolidated-Tomoka Land Co (NYSE MKT:CTO) acquired a 52,665 sq ft building on 6.82 acres in Daytona Beach, Florida for about USD5.3m, it disclosed today.
Consolidated Tomoka Completes the Acquisition of American Signature Furniture Store for Approximately $5.3 Million
Business Wire - Thu Jul 17, 3:47PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
today announced the acquisition of a 52,665 square-foot building situated on 6.82 acres in Daytona Beach, FL for approximately $5.3 million. The building is leased to American Signature, Inc. with a remaining term of approximately 6 years and is located within an approximately 250,000 square-foot retail shopping center ("Shopping Center" anchored by Best Buy, PetSmart and Barnes & Noble. The Company owns the property leased to Barnes & Noble. Consolidated Tomoka closes two loan investments for about UDS15.3m
M2 - Fri May 23, 4:31AM CDT
Consolidated-Tomoka Land Co (NYSE MKT:CTO), a real estate company, disclosed on Friday that it has completed two loan investments for an estimated USD15.3m.
Consolidated Tomoka Completes Two Loan Investments for Approximately $15.3 Million
Business Wire - Thu May 22, 1:24PM CDT
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
today announced the acquisition of an approximately $9.0 million B-Note secured by a retail shopping center located in Sarasota, FL. The loan matures in June 2015, includes 3 one-year extension options and bears a floating interest rate of 30-day Libor plus 725 basis points. The loan is pari-passu to an approximately $48.0 million A-Note secured by the same property, for a total debt balance of $57.0 million. Consolidated-Tomoka Land Has Returned 13.1% Since SmarTrend Recommendation (CTO)
Comtex SmarTrend(R) - Wed Apr 02, 9:50AM CDT
SmarTrend identified an Uptrend for Consolidated-Tomoka Land (AMEX:CTO) on February 24th, 2014 at $36.31. In approximately 1 month, Consolidated-Tomoka Land has returned 13.11% as of today's recent price of $41.07.
13.4% Return Seen to Date on SmarTrend Consolidated-Tomoka Land Call (CTO)
Comtex SmarTrend(R) - Wed Mar 26, 9:19AM CDT
SmarTrend identified an Uptrend for Consolidated-Tomoka Land (AMEX:CTO) on February 24th, 2014 at $36.31. In approximately 1 month, Consolidated-Tomoka Land has returned 13.38% as of today's recent price of $41.17.
United Airlines layoffs unacceptable
CNW Group - Thu Feb 20, 3:10PM CST
The layoffs and contracting out announced by United Airlines at airports across Canada today are unacceptable and need to be reversed, Unifor National President Jerry Dias says.
Consolidated-Tomoka Land Co. Reports Fourth Quarter and Year End 2013 Earnings and Announces 2014 Guidance
Business Wire - Tue Feb 11, 11:33AM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
today announced its operating results for the fourth quarter and year ended December 31, 2013. Consolidated Tomoka Announces Successful Foreclosure on Approximately 600 Acres
Business Wire - Thu Jan 30, 10:50AM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
today announced that its approximately $4.7 million claim for un-reimbursed road costs and accrued interest, which was subject to a judgment from 2012, has been satisfied through the successful foreclosure of approximately 600 acres of land. The Company originally sold the land to a residential developer in 2004. The Company believes that the property's proximity to the Company's LPGA International golf club, the USTA's tennis facility, Champion Elementary School, and I-95 and I-4 makes the property attractive as a residential community development. Consolidated Tomoka Announces Actions Related to 2014 Annual Meeting of Shareholders
Business Wire - Thu Jan 23, 3:05PM CST
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company"
today announced that the Company's annual meeting of shareholders will be held on Wednesday, April 23, 2014 at 2:00 p.m. local time, in Daytona Beach, Florida. The record date for shareholders entitled to notice of and to vote at the annual meeting has been set for February 28, 2014. Predictive Solutions Veterans Launch PointPredictive, Inc.
Marketwire - Tue Jan 14, 8:06AM CST
PointPredictive, Inc. launched today as a product innovator focused on providing organizations predictive science-based solutions for managing risk, providing new insight from available data and leveraging newer technology for faster deployment and enhanced user experiences. Created by entrepreneurs, executives and predictive solution veterans Tim Grace, Frank McKenna and Joe Jackson, the three PointPredictive founders address a growing market need for focused, creative, fast and results-driven expertise to design, build and deploy projects that leverage predictive science to solve today's business challenges. Services and solutions include analytic-driven products for consumer lending, auto finance, mortgage, payment cards, real estate, and consumer rental markets.
Consolidated-Tomoka reduces number of board directors
M2 - Fri Jan 10, 3:31AM CST
Real estate company Consolidated-Tomoka Land Co (NYSE MKT:CTO) said on Thursday that William H Davison informed the company that he will not stand for re-election to the board of directors at the end of his term, at the annual shareholders' meeting in April 2014.
Consolidated-Tomoka Land Co. Announces Reduction of Board of Directors
Business Wire - Thu Jan 09, 4:34PM CST
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company"
today announced that William H. Davison informed the Company of his intentions to not stand for re-election to the Board of Directors at the end of his term at the annual meeting of shareholders to be held in April 2014. Jeffry B. Fuqua, Chairman of the Board, stated, "Mr. Davison has provided valuable leadership and has made significant contributions to the Company during his tenure as a Director." Mr. Fuqua also noted that "Early in 2012 the Board determined that it intended to reduce the size of the Board to seven by 2014 to bring the Company's Board size to a more appropriate level. With Mr. Davison's decision to not stand for re-election, the number of directors will be seven following the annual meeting. The Board and the staff of the Company wish Mr. Davison the very best." Consolidated-Tomoka Reports Payoff of $19.56 Million Commercial Mortgage Loan Investment
Business Wire - Tue Jan 07, 9:51AM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
today announced that the outstanding principal balance on the Company's commercial mortgage loan investment (the "Loan Investment" has been paid off prior to its scheduled maturity. The Loan Investment had an original principal balance of $19.56 million and was secured by a hotel in Atlanta, Georgia. The Company acquired the Loan Investment in August 2013 for approximately $17.65 million. Including principal payments, interest payments, and fees the Company earned approximately $2.5 million in the 5 months of this Loan Investment. Consolidated Tomoka Reports a Completed Transaction in Its Income Property Portfolio
Business Wire - Mon Dec 30, 3:06PM CST
Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the "Company"
today announced it has sold a property in Orlando, Florida, leased to PNC Bank, N.A., for a purchase price of approximately $3.7 million. The lease with PNC has approximately six years of remaining term. The Company's estimated gain on the sale is approximately $210,000. The proceeds from the sale of this property will be used to complete a Section 1031 exchange for the income property located in Germantown, Maryland, leased to Big Lots, which the Company acquired in September 2013. The lease with Big Lots has approximately ten years remaining on its term. Consolidated Tomoka declares closure of land sale to CarMax for about USD1.05m
M2 - Tue Dec 24, 4:07AM CST
Real estate company Consolidated-Tomoka Land Co (NYSE MKT:CTO) closed on the sale of about 6.23 acres of land to CarMax, for about USD1.05m, approximately USD168,500 per acre, the company disclosed on Monday.
Consolidated Tomoka Announces Closing of Land Transactions
Business Wire - Mon Dec 23, 12:24PM CST
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
announced that is has closed on the sale of approximately 6.23 acres to CarMax for approximately $1.05 million, or approximately $168,500 per acre. The parcel sold to CarMax is next to Furniture Row along the West side of I-95 in Daytona Beach, FL. The Company expects to recognize a loss of approximately $412,000 related to the sale of this property, which was reacquired through foreclosure in 2009. Consolidated Tomoka Acquires Big Lots Store in Germantown, Maryland
Business Wire - Mon Sep 16, 8:35AM CDT
Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the "Company"
today announced the acquisition of a 25,600 square-foot building situated on 2.40 acres in Germantown, Maryland. The building is located within the Milestone Center, an approximately 860,000 square-foot retail shopping center anchored by Target, Wal-Mart and The Home Depot and across the street from a 103,000 square-foot retail shopping center anchored by Giant Food Stores, LLC. 
