 DAYTONA BEACH, Fla., Nov. 23, 2020 GLOBE NEWSWIRE -- CTO Realty Growth NYSE American: CTO the Company today announced the closing of the sale of approximately 30 acres the Parcel for 8.1 million, or 273,000 per acre, to Capstone Collegiate Communities, LLC Capstone, a national real estate developer. Capstone intends to develop an estimated 280 multi-family units on the Parcel, which is located at the southwest corner of Williamson Boulevard and Strickland Range Road in Daytona Beach, FL on the east side of I-95. 