ST JOE Co

Based in Panama City Beach, Florida, ST JOE Co operates as a diversified real estate development and asset management company across the United States. The company engages in residential community development, hospitality operations, and commercial real estate activities, leveraging significant land holdings accumulated since its incorporation in 1936.

The company's Residential segment focuses on developing communities and selling homesites to homebuilders, along with completed homes and entitled land parcels. Its Hospitality segment owns and operates private membership clubs, golf courses, beach clubs, marinas, and vacation rental properties, generating revenue from membership fees, operations, and management services. The Commercial segment leases commercial properties and multi-family assets, manages senior living communities, and develops land for retail, office, industrial, and self-storage uses. Additionally, the company operates a forestry business, growing and selling pulpwood and sawtimber.

With approximately 863 full-time employees, ST JOE maintains a market capitalization of approximately $4.0 billion. The company's operations are primarily concentrated in Florida, where its substantial land portfolio and existing hospitality and residential assets provide the foundation for development activities. The diversified operating structure spans residential, hospitality, and commercial real estate markets alongside forestry operations.