The St. Joe Co. engages in the real estate development and management business. It operates through the following segments: Residential Real Estate; Hospitality; Commercial Leasing and Sales; and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes across a wide range of price points and sells homesites to builders and retail consumers. The Hospitality segment features a private membership club, hotel operations, lodging, restaurants, golf courses, beach clubs, marinas, and other entertainment assets. The Commercial Leasing and Sales segment includes construction and leasing of multi-family, retail, office and commercial property, cell towers, and other assets. The Forestry segment produces and sells wood fiber saw timber and other forest products. The company was founded in 1936 and is headquartered in Panama City Beach, FL.