WINTER PARK, Fla., June 21, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the "Company") today announced its year-to-date 2024 investment and disposition activities. 2024 Disposition Activity Safe Harbor About Alpine Income Property Trust, Inc. made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. During the second quarter, the Company acquired a two-tenant n ...

Investment Thesis NETSTREIT (NTST) Agree Realty Corporation (ADC) Realty Income (O) NNN REIT (NNN) However, PINE is significantly smaller than each of the entities mentioned. Please refer to the table below. In this article, I've analyzed PINE's business and balance sheet and provided its valuation outlook - with each section supported by a comparison to its larger competitors (excl. O). adventtr Introduction PINE is the smallest triple-net lease REIT analyzed within Cash Flow Venue. As of March 2024, the C ...

All other details remain unchanged. This press release may contain "forward-looking statements." Forward-looking statements include statements that may be identified by words such as "could," "may," "might," "will," "likely," "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "continues," "projects" and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Company's current expectations and assumptions ...

WINTER PARK, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the "Company") announced today a correction to the ex-dividend date previously announced on May 28, 2024. The ex-dividend date for the quarterly cash dividend per share of common stock for the second quarter of 2024 has been corrected from June 12, 2024 to June 13, 2024. All other details remain unchanged. About Alpine Income Property Trust, Inc. Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly ...

WINTER PARK, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the "Company") announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.275 per share of common stock for the second quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 7.2% based on the closing price of the Company's common stock on May 24, 2024. The Common Stock Cas ...

The initial yield on our loan investment was 11.3%, and the cash cap rate for our land acquisition was 7.3%. The loan investment made during the quarter was to provide a $7.2 million of funding with a two-year term towards a six pad retail development anchored by Chick-fil-A in a growing sub-market of Atlanta, Georgia. Considering our book value is over $18 per share, and in the past year we have repurchased almost a million shares or over 6% of our company's capitalization at an average price of approximat ...

and certain other lenders named therein, for a term loan (the "2026 Term Loan") in an aggregate principal amount of $60.0 million with a maturity of five years. On April 14, 2022, the Company entered into the Amendment, Increase and Joinder to the 2026 Term Loan Credit Agreement (the "2026 Term Loan Amendment"), which increased the term loan commitment under the 2026 Term Loan by $40 million to an aggregate of $100 million. The 2026 Term Loan Amendment also effectuated the transition of the underlying varia ...

WINTER PARK, FL – April 18, 2024 – Alpine Income Property Trust, Inc. (NYSE: PINE) (the "Company" or "PINE") today announced its operating results and earnings for the quarter ended March 31, 2024. ◾ Reported AFFO per diluted share of $0.42 for the quarter ended March 31, 2024, an increase of 16.7% from the comparable prior year period. ◾ Repurchased 45,768 shares of the Company's common stock at a weighted average gross price of $16.90 per share, for a total cost of $0.8 million. "We are pleased that our e ...

Matthew Partridge - CFO John Albright - President and CEO Conference Call Participants Operator I would now like to hand the conference over to your speaker today, Matt Partridge, Chief Financial Officer. Please go ahead. Factors and risks that could cause actual results to differ materially from expectations are disclosed from timeto-time in greater detail in the company's Form 10-K, Form 10-Q and other SEC filings. You can find our SEC reports, earnings release and most recent investor presentation, which ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF For the transition period from to Commission File Number 001-39143 ALPINE INCOME PROPERTY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 84-2769895 (State or other juri ...