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Campaigns / Wolfpack Research → CTO Realty Growth, Inc.
Wolfpack Research vs. CTO Realty Growth, Inc.

CTO Realty Growth, Inc. · CTO

1 deck published between 2025-06-25 and 2025-06-25 — 30 pages, 29 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2025-06-25 initial thesis

    b084d8_da584171e9fa4072b0b456da358f8549

    30pp · research_note

    CTO Realty's management inflates AFFO by excluding recurring capex, used a sham loan to hide a tenant collapse, and is diluting shareholders 70% to fund a dividend it cannot cover.