CTO Realty Growth, Inc. (NYSE:CTO) may look for property acquisitions. CTO Realty Growth announced the commencement of a public offering of additional shares of the company's 6.375% Series A cumulative redeemable preferred stock with a $25.00 per share liquidation preference. CTO intends to use the net proceeds from the offering for general corporate and working capital purposes, which may include property acquisitions, commercial loan and investment opportunities and repayment of debt, including amounts outstanding under its credit agreement.