Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Files An 8-K Other Events
Item 8.01. Other Events
On December 15, 2016, legal counsel for Consolidated-Tomoka Land
Co. (the Company) delivered a letter (the December 2016 Letter)
to Wintergreen Advisors, LLC (Wintergreen) on behalf of the
Company, which letter is referenced in an amendment to the
Schedule 13D filed by Wintergreen on January 3, 2017.The December
2016 Letter was in response to Wintergreens letters to the
Company dated November 14, 2016 and November 25, 2016 which were
referenced by Wintergreen in amendments to its Schedule 13D
filings on November 22 and November 28, 2016, respectively.
(c) Exhibits
|
Exhibit Number |
Description |
|
99.1 |
Letter dated December 15, 2016 |
About Consolidated-Tomoka Land Co. (NYSEMKT:CTO)
Consolidated-Tomoka Land Co. is a real estate operating company. The Company owns and manages over 40 commercial real estate properties in approximately 10 states in the United States. The Company’s segments include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other. The Company also leases property for over 20 billboards; has agricultural operations that are managed by a third-party, which consists of leasing land for hay and sod production, timber harvesting and hunting leases, and owns and manages subsurface interests. The Company owns approximately 30 single-tenant and over eight multi-tenant properties with approximately 1,700,000 square feet of gross leasable space. It has over four commercial loan investments, including a fixed-rate mezzanine commercial mortgage loan, a fixed-rate first mortgage, a variable-rate B-Note, a variable-rate mezzanine commercial mortgage loan and a variable-rate first mortgage loan. Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Recent Trading Information
Consolidated-Tomoka Land Co. (NYSEMKT:CTO) closed its last trading session up +0.08 at 53.00 with 7,150 shares trading hands.
