Alpine Income (PINE) Provides Year-to-Date Transaction Updates
Alpine me Property Trust(PINE) ZACKS·2024-06-25 02:10
Alpine Income Property Trust, Inc. (PINE) has provided an update on its year-to-date investment and disposition activities. Moreover, in the quarter, Alpine Income originated a 15-month first mortgage structured investment aggregating $6.1 million, with an initial yield of 11.5%. The company funded approximately $4.6 million at the start of the loan. The underlying loan collateral consists of three retail outparcels leased or under a letter of intent with a national convenience store and a national quick se ...