The St. Joe Company

The St. Joe Company together with its subsidiaries operates as a real estate development asset management and operating company in Northwest Florida. It operates through three segments: Residential Hospitality and Commercial. The Residential segment plans and develops residential communities of various sizes for homebuilders or retail consumers. It primarily sells developed homesites completed homes parcels of entitled or undeveloped land or homesites and a homesite residual on homebuilder as well as offers title insurance and marketing services. The Hospitality segment owns and operates a private membership club golf courses beach clubs retail outlets marinas and other entertainment assets. This segment also engages in the hotel food and beverage and gulf-front vacation rental operations as well as provides management services. The Commercial segment engages in leasing of commercial property multi-family a senior living community and other assets. This segment also plans develops entitles manages and sells commercial and rural land holdings for retail office hotel senior living multi-family self-storage and industrial uses; and grows and sells pulpwood sawtimber and other forest products. The St. Joe Company was incorporated in 1936 and is based in Panama City Beach Florida.