Alpine Income Property Trust Announces Year-To-Date 2025 Transaction Activity & Preferred Equity Offering

Core Viewpoint - Alpine Income Property Trust, Inc. has reported significant investment and disposition activities for the fourth quarter of 2025, highlighting a robust portfolio and strategic acquisitions aimed at enhancing cash yields and tenant quality [1]. Transaction Activity - The company completed $244.2 million in acquisition and structured investment transactions year-to-date 2025, achieving a weighted average initial cash yield of 10.1% [5]. - Disposition activities for the year totaled $52.2 million in income-producing asset sales, with a weighted average exit cash cap rate of 8.0% [6]. - In the fourth quarter, the company acquired eight properties for a total of $39.8 million, with a weighted average going-in cash cap rate of 6.9% and an average remaining lease term of 4.4 years [5]. - Notable acquisitions include a property leased to Sam's Club in Houston, Texas, and a three-property portfolio in Richmond, Virginia, which includes a Walmart Supercenter [5]. - The company originated three new structured investments totaling $47.5 million with a weighted average initial cash yield of 16.1% [5]. Preferred Equity Offering - On November 5, 2025, the company announced a public offering of 2,000,000 shares of its 8.00% Series A Cumulative Redeemable Preferred Stock, raising gross proceeds of $50 million [7]. Portfolio Overview - As of December 1, 2025, the company's property portfolio was 99.4% occupied, with a weighted average remaining lease term of 8.4 years, and 50% of annualized base rent attributable to investment-grade rated tenants [6].