EX-21.1 2 cto-20221231xex21d1.htm EX-21.1

Exhibit 21.1

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Subsidiaries of the Registrant: CTO Realty Growth, Inc.

as of December 31, 2022:

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​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Organized Under Laws of | ​ | Percentage of Voting Securities Owned by Immediate Parent | ​
Alpine Income Property Manager, LLC | ​ | Delaware | ​ | 100.0 | (3)​
Bluebird Arrowhead Phoenix LLC | ​ | Delaware | ​ | 100.0 | (6)​
Bluebird Germantown MD LLC | ​ | Delaware | ​ | 100.0 | (6)​
Bluebird Renton WA LLC | ​ | Delaware | ​ | 100.0 | (6)​
Conservation Park LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTLC Golden Arrow Katy LLC | ​ | Delaware | ​ | 100.0 | (6)​
CTO Gemini Holdings (CTLC) LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO Gemini Holdings (IDL) LLC | ​ | Delaware | ​ | 100.0 | (5)​
CTO Gemini Holdings (IGI) LLC | ​ | Delaware | ​ | 100.0 | (7)​
CTO TRS Crisp39 LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO TRS CW LLC | ​ | Delaware | ​ | 100.0 | (11)​
CTO TRS Mitigation LLC | ​ | Delaware | ​ | 100.0 | (11)​
CTO TRS TBMB LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 Atlantic LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 Austin LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 Dallas LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 Monterey LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 Olive TX LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 OSI LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO16 Peterson LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO17 Aruba Land LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO17 Sarasota LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO17 Westcliff TX LLC (f/k/a CTO17 Westcliff LLC) | ​ | Delaware | ​ | 100.0 | (3)​
CTO18 Albuquerque NM LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO18 Arlington TX LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO18 Aspen LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO18 Jacksonville FL LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 Carpenter Austin LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 Josephine Austin LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 NRH TX LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 Oceanside NY LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 Reston VA LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 Strand Jax LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 Taft Vineland LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO19 WOFAT LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Cornerstone LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Crossroads AZ LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Hialeah LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Perimeter II LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Perimeter LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Santa Fe | ​ | Delaware | ​ | 100.0 | (3)​
CTO20 Tampa LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Acquisitions II LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Acquisitions LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Apex LLC (f/k/a CTO20 Falls Centre LLC) | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 AL Outparcel LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Buford 1 LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Exchange LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Santa Fe LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO21 Winter Park LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO22 Forsyth LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO22 Madison Yards LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO22 Short Pump LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO22 Waterstar LLC | ​ | Delaware | ​ | 100.0 | (3)​
CTO22 Watters Creek LLC | ​ | Delaware | ​ | 100.0 | (3)​
Daytona JV LLC | ​ | Delaware | ​ | 100.0 | (8)​

DB Beach Land LLC | ​ | Delaware | ​ | 100.0 | (3)​
DB Main Street LLC | ​ | Delaware | ​ | 100.0 | (3)​
DB Mainland LLC | ​ | Delaware | ​ | 100.0 | (3)(10)​
DB Mainland Two LLC | ​ | Delaware | ​ | 100.0 | (3)​
Five Golf LLC | ​ | Delaware | ​ | 100.0 | (3)​
Golden Arrow 6 LLC | ​ | Delaware | ​ | 100.0 | (3)​
Golden Arrow First St. Sarasota LLC | ​ | Delaware | ​ | 100.0 | (3)​
Golden Arrow WPP LLC | ​ | Delaware | ​ | 100.0 | (7)​
IGI16 Peterson LLC | ​ | Delaware | ​ | 100.0 | (7)​
IGI18 Back 40 LLC | ​ | Delaware | ​ | 100.0 | (7)​
IGI19 FC VA LLC | ​ | Delaware | ​ | 100.0 | (7)​
IGI20 Crossroads AZ LLC | ​ | Delaware | ​ | 100.0 | (7)​
IGI20 Tampa LLC | ​ | Delaware | ​ | 100.0 | (12)​
IGI21 Katy LLC | ​ | Delaware | ​ | 100.0 | (7)​
IGL20 Tampa LLC | ​ | Delaware | ​ | 100.0 | (7)​
Indigo Development LLC | ​ | Florida | ​ | 100.0 | (3)​
Indigo Grand Champion Five LLC | ​ | Florida | ​ | 100.0 | (4)​
Indigo Grand Champion Six LLC | ​ | Florida | ​ | 100.0 | (4)​
Indigo Grand Champion Ten LLC | ​ | Florida | ​ | 100.0 | (4)​
Indigo Group Inc. | ​ | Florida | ​ | 100.0 | ​
Indigo Group Ltd. (A Limited Partnership) | ​ | Florida | ​ | 93.475 | (1)​
Indigo International LLC | ​ | Florida | ​ | 100.0 | (3)​
Indigo Mallard Creek LLC | ​ | Florida | ​ | 100.0 | (5)​
LHC14 Old DeLand LLC | ​ | Delaware | ​ | 100.0 | (3)(9)​
LHC15 Atlantic DB JV LLC | ​ | Delaware | ​ | 100.0 | (3)​
LHC15 Raleigh NC LLC | ​ | Delaware | ​ | 100.0 | (3)​
LHC15 Riverside FL LLC | ​ | Delaware | ​ | 100.0 | (3)​
LHC15 WPP LLC | ​ | Delaware | ​ | 100.0 | (7)​
Palms Del Mar Inc. | ​ | Florida | ​ | 100.0 | ​
Tomoka Ag Inc. | ​ | Florida | ​ | 0.0 | (2)​

(1) | CTO Realty Growth, Inc. is a limited partner of Indigo Group Ltd., and owns 93.475% of the total partnership equity. Palms Del Mar, Inc. is the other limited partner and owns 5.065% of the total partnership equity. Indigo Group Inc. is the managing general partner and owns 1.46% of the partnership equity.

(2) | Tomoka Ag Inc. is 100% owned by Indigo Group Inc.

(3) | CTO Realty Growth, Inc. is the Member.

(4) | Palms Del Mar Inc. is the Member.

(5) | Indigo Development LLC is the Managing Member.

(6) | Golden Arrow 6 LLC is the Managing Member.

(7) | Indigo Group Inc. is the Managing Member.

(8) | LHC15 Atlantic DB JV LLC is the 50% Managing Member. CTO16 Atlantic LLC is the other 50% Member.

(9) | Formerly known as Golden Arrow Plaza Retail LLC.

(10) | Formerly known as DB LAND LLC, formerly known as CTO17 Atlanta LLC.

(11) | CTO TRS CRISP 39 LLC is the Member.

(12) | Indigo Group LTD is the Managing Member.

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All subsidiaries are included in the Consolidated Financial Statements of the Company and its subsidiaries appearing elsewhere herein.