Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 o ...

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, 2020 ◻ 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 ...

Alpine Income Property Trust, Inc. (NYSE:PINE) Q4 2020 Earnings Conference Call February 12, 2020 9:00 AM ET Company Participants John Albright - President and CEO Matt Partridge - CFO Conference Call Participants Barry Oxford - D.A. Davidson Rob Stevenson - Janney Michael Gorman - BTIG Wes Golladay - Robert W. Baird Craig Kucera - B. Riley Securities RJ Milligan - Raymond James Operator Good morning, and welcome to the Alpine Income Property Trust Fourth Quarter and Full Year Earnings Conference Call. All ...

INCOME PROPERTY TRUST di NYSE: PINE November 2020 DISCLAIMER & REFERENCED TERMS This presentation 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. Forwardlooking statements are based on the Compa ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 (Sta ...

INCOME PROPERTY TRUST NYSE:PINE Investor Presentation ∙ October 2020 Q3 2020 Investor Presentation Disclaimer & Referenced Terms This presentation 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. ...

Financial Data and Key Metrics Changes - The company achieved a 100% contractual base rent collection rate for each month in Q3 2020, with total revenues reported at $5.1 million [13][10] - Funds from operations (FFO) were $3 million or $0.35 per share, while adjusted funds from operations (AFFO) were $2.9 million or $0.34 per share [14] - General and administrative expenses totaled $1.1 million, down 271 basis points as a percentage of revenue from Q2 2020 [15] - The company declared a $0.22 dividend for Q4 2020, representing a 10% increase over the previous quarterly dividend [16] Business Line Data and Key Metrics Changes - The company invested in 15 properties for $23.9 million in Q3 2020, with a weighted average going-in cap rate of approximately 6.8% [6] - Year-to-date, the company acquired 26 properties for approximately $99.3 million at a weighted average going-in cap rate of 6.9% [7] - The portfolio consisted of 45 income properties with nearly 1.5 million square feet of rentable space, all 100% occupied [10] Market Data and Key Metrics Changes - The company increased its acquisition guidance to $110 million from $105 million due to strong acquisition activity [11] - Nearly two-thirds of annualized base rents come from 10 of the ULI's top 30 markets for 2021 [9] Company Strategy and Development Direction - The company focuses on acquiring income-producing properties with strong real estate fundamentals and high-quality tenants [6] - The acquisition strategy has led to increased concentration in grocery, convenience store, dollar store, and auto parts sectors, providing diversification [8] - The company is open to office acquisitions but currently has a 100% retail pipeline [45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 100% repayment of deferred rent by the end of 2021 [13] - There remains considerable uncertainty regarding the economy's impact on tenant performance, but management is optimistic about the portfolio's resilience [10] - The company is well-positioned with ample liquidity to execute its growth strategy [18] Other Important Information - The company expanded its revolving credit facility from $100 million to $150 million, enhancing its liquidity position [17] - The company has no debt maturities until 2023, with a one-year extension option [18] Q&A Session Summary Question: Can you provide more details on your acquisition pipeline? - The acquisition pipeline is strong, with ongoing negotiations that may exceed guidance [24] Question: Do you expect to match 2020 acquisition levels in 2021? - Management is confident that the success achieved in 2020 can be replicated or improved upon [25] Question: What is the level of assets you may want to sell in the coming years? - The company is open to selling assets if it demonstrates portfolio strength and investor appetite [34] Question: How do you plan to finance future acquisitions? - The company has various options for financing, including leveraging existing capacity without over-leveraging [36] Question: What is the current status of your leases with Dollar General? - Dollar General is a strong credit and the company is excited about the acquisition [43] Question: What is the outlook for rent collection and deferrals? - The company expects to recover all deferrals by the end of 2021, with minimal abatement [52][53] Question: What are the potential risks for tenants going forward? - Theaters are a concern, but management feels secure due to recent negotiations and lease extensions [54]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 ...

Alpine Income Property Trust, Inc. (NYSE:PINE) Q2 2020 Earnings Conference Call July 23, 2020 9:00 AM ET Company Participants John Albright - President & Chief Executive Officer Mark Patten - Chief Financial Officer Dan Smith - General Counsel & Corporate Secretary Conference Call Participants Barry Oxford - D.A. Davidson Rob Stevenson - Janney RJ Milligan - Baird Michael Gorman - BTIG Craig Kucera - B. Riley FBR Operator Good morning, and welcome to the Alpine Income Property Trust Second Quarter 2020 Conf ...

INVESTOR PRESENTATION JULY 2020 (NYSE:PINE) SECOND QUARTER 2020 Q2 2020 Investor Presentation Why Invest in PINE As of July 17, 2020 unless otherwise noted | --- | --- | |---------|-------------------------------------------------| | | | | | Diverse Portfolio : Property Types & Markets | | | Tenant quality : COVID-19 Performance | | | Opportunity for Impactful growth | | | Low Leverage & Strong Liquidity | | | | | | Attractive Valuation | | | Attractive Yield | | | | | | Strong Sponsorship | | | | | 1) 2) | ...