The St. Joe Company, a Florida-based real estate development, asset management, and operating company, has reported operating through three different segments — Residential, Hospitality, and Commercial. The Residential segment specializes in residential community development and primarily sells homesites, completed homes, and parcels of entitled land to homebuilders and retail consumers. The Hospitality segment owns and operates a membership club, golf courses, beach clubs, marinas, and other entertainment assets. This segment also provides hotel, food and beverage, and gulf-front vacation rental operations and management services. The Commercial segment focuses on leasing commercial property, multi-family, senior living communities, and other assets, with plans to develop and manage rural and commercial land holdings for various uses. The St. Joe Company has a long-standing history and was founded in 1936, with headquarters in Panama City Beach, Florida.