Alpine Income Property Trust, Inc. filings document a Maryland REIT with NYSE-listed common stock and 8.00% Series A Cumulative Redeemable Preferred Stock. Its Form 8-K reports furnish earnings releases and investor presentations for quarterly and annual results, including property portfolio activity, commercial loan investments, dividends, guidance and non-GAAP real estate measures.
Other filings record capital-structure and governance matters, including equity distribution agreements for preferred at-the-market offerings, amendments to Alpine Income Property OP, LP partnership terms, and proxy proposals for director elections, executive compensation votes and auditor ratification. The filing record also identifies the Operating Partnership and Manager relationships used in the company’s REIT structure.
On October 5, 2026, Alpine Income Property Trust, Inc. (PINE) entered into an agreement to acquire a 13-property industrial portfolio across 11 states for $117.3 million, subject to closing prorations. On October 9, 2026, its $1.0 million earnest money deposit became non-refundable, and the company deemed closing probable; required closing conditions remain unsatisfied, so completion is not assured. The acquisition is expected to close in the fourth quarter of 2026.
The properties total approximately 1.9 million square feet and are 100% leased to nine tenants under absolute triple-net leases, with a 10.2-year weighted average remaining lease term; no lease expires before late 2031. Pro forma statements assume a $117.9 million draw under the revolving credit facility. Treating the acquisition as if it occurred January 1, 2025, pro forma net income attributable to common stockholders is $3.103 million for the six months ended June 30, 2026, while pro forma net loss attributable to common stockholders is $5.739 million for 2025. These estimates are not necessarily indicative of actual or future results.
Alpine Income Property Trust, Inc. director Brenna Andrea Wadleigh received 1,661 shares of common stock on October 1, 2026, as the equity component of her Q3 2026 quarterly retainer fee and in lieu of its $12,500 cash component. The equity component was valued at approximately $17,500. The share count was calculated using a $18.0580 20-day trailing average closing price as of the last business day of the calendar quarter. Wadleigh directly held 12,918 shares following the transaction.
Morton Carson Good reported acquisition or exercise transactions in this Form 4 filing. Alpine Income Property Trust, Inc. issued director Morton Carson Good 1,661 common shares on October 1, 2026, as compensation for his Q3 2026 quarterly retainer. The shares covered an approximately $17,500 equity component and were also issued in lieu of the $12,500 cash component. The $18.0580 price was the 20-day trailing average closing price used to calculate the shares, as of the last business day of the calendar quarter. After the issuance, Good directly held 29,894 common shares.
Alpine Income Property Trust, Inc. director Wein Rachel Elias received 969 common shares on October 1, 2026, as the equity component of her Q3 2026 quarterly retainer fee. The component was valued at approximately $17,500; the share count was calculated using a 20-day trailing average closing price of $18.0580 as of the last business day of the calendar quarter. Her reported direct holdings after the award were 16,725 shares.
Alpine Income Property Trust, Inc. director Andrew C. Richardson acquired 969 shares of common stock on October 1, 2026, as the equity component of his Q3 2026 quarterly retainer fee. The award used a share price of $18.0580 and had an approximate value of $17,500. Richardson held 9,394 shares directly after the award.
Alpine Income Property Trust, Inc. (PINE) may offer, issue and sell common stock, preferred stock, debt securities, warrants, rights and units at an aggregate public offering price that will not exceed $400,000,000, from time to time after the registration statement becomes effective. Specific terms for any offering will be provided in a prospectus supplement.
Unless a supplement provides otherwise, Alpine intends to use net proceeds from securities it sells for general corporate purposes, including acquisitions, commercial loan and investment opportunities, repayment of indebtedness and working capital. The company owns and operates primarily freestanding U.S. commercial retail properties, primarily leased under long-term net leases. Its charter generally limits a person’s beneficial and constructive ownership to 9.8% in value or number of shares, whichever is more restrictive.
Alpine Income Property Trust, Inc. director Andrew C. Richardson reported a sale of 2,000 shares of common stock on July 28, 2026. The shares were sold at a weighted-average price of $20.2834 per share in open-market or private transactions, with prices ranging from $20.130 to $20.400. After this sale, he directly holds 8,425 common shares.
Alpine Income Property Trust insider Andrew C. Richardson filed to sell 2,000 shares of common stock through Fidelity Brokerage Services on or after July 28, 2026, with an indicated value of $40,390.00 on the NYSE. The shares relate to prior stock award compensation grants. Richardson also reports recent sales totaling several thousand shares over the past three months.
Alpine Income Property Trust, Inc. reported a return to profitability for the three and six months ended June 30, 2026. Q2 total revenues were $20,002 (in thousands), with lease income of $12,637 (in thousands) and interest income from commercial loans and investments of $7,331 (in thousands). Net income attributable to common stockholders was $3,004 (in thousands), or $0.18 basic and $0.16 diluted EPS, versus a loss a year earlier. For the first half of 2026, revenues were $38,408 (in thousands) and net income attributable to common stockholders was $4,067 (in thousands), or $0.25 basic EPS.
Total assets were $781,513 (in thousands) at June 30, 2026, including real estate, net, of $453,158 (in thousands) and commercial loans and investments of $238,575 (in thousands). The income property portfolio comprised 128 net-leased properties totaling 4.5 million square feet, with minimum future rental receipts of $275,963 (in thousands). Commercial loan and investment volume in the first half of 2026 totaled $130.2 million, with $73.8 million funded and coupon rates generally ranging from 8.00% to 16.00%.
Long-term debt had face value of $369,500 (in thousands), mainly a $250.0 million unsecured revolving facility, of which $169,500 (in thousands) was drawn, plus $100,000 (in thousands) term loans maturing in 2029 and 2031. Operating cash provided was $10,595 (in thousands) in the first half, while common stock dividends of $0.600 per share and Series A preferred dividends of $1.000 per share were declared.
Alpine Income Property Trust reported improved results for the three and six months ended June 30, 2026. Total revenues for the quarter were $20,002 thousand, up from $14,863 thousand a year earlier, with net income attributable to common stockholders of $3,004 thousand or $0.16 per diluted share versus a prior-year loss. FFO and AFFO attributable to common stockholders were $0.57 and $0.58 per diluted share, respectively, both higher than $0.44 in 2025.
During the quarter the company completed approximately $77 million of investments across properties and commercial loans at an initial blended yield of 8.7%. As of June 30, 2026 the portfolio comprised 128 single-tenant net lease properties with annualized base rent of $50.0 million, 99.5% occupancy, and 55% of ABR from investment-grade tenants, plus a 13-loan commercial portfolio with $167.0 million of face amount and a 13.2% weighted-average coupon.
The balance sheet showed net debt to total enterprise value of 44.8% and net debt to Pro Forma Adjusted EBITDA of 6.4x, with total liquidity of $83,278 thousand. The board increased the quarterly common dividend 6.7% to $0.320 per share and raised 2026 guidance for net income, FFO, and AFFO per diluted share while reducing expected disposition volume.