Core Viewpoint - Alpine Income Property Trust, Inc. has announced the origination of a first mortgage loan investment secured by a luxury residential development in the Austin, Texas area, with a total commitment of up to $61.3 million across two phases [1][2][3]. Loan Details - The Company funded $14.1 million for phase one of the loan, with a total commitment of up to $29.5 million for this phase, and anticipates funding the remainder before the end of 2025 [1]. - The phase two loan has a total commitment of up to $31.8 million, with funding contingent on the borrower's satisfaction of certain conditions, expected to be met in early 2026 [1][2]. - The interest rate for both phases starts at 17.0%, stepping down to 16.0% during months 7 to 12, and to 14.0% thereafter [2]. Strategic Insights - The loan reflects the Company's proactive approach to capital redeployment in anticipation of proceeds from late 2025 and 2026 investment maturities, aimed at ensuring continuity in earnings [3]. - There is strong interest from potential institutional partners in purchasing a senior tranche of this investment, indicating the appeal of this opportunity [3]. Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends through a portfolio of single tenant net leased commercial income properties [4].

Core Viewpoint - Alpine Income Property Trust, Inc. has announced a $24.0 million first mortgage loan investment to fund the redevelopment of a former retail building into an industrial asset, aligning with its strategic objective to enhance shareholder value and cash flow growth [1][3]. Group 1: Loan Details - The loan has a term of 24 months and an interest rate of 11.0% [1]. - The total amount of the loan is $24.0 million, which was fully funded at closing [1]. Group 2: Property Information - The property spans 127,380 square feet on 8.7 acres and is located in the East Bay submarket of San Francisco, CA [2]. - The redevelopment is expected to attract users from technology, life science, manufacturing, and logistics sectors [2]. Group 3: Strategic Objectives - The transaction is part of the company's ongoing strategy to invest in institutional-quality assets and structured investments to drive value and cash flow growth for shareholders [3]. - Year-to-date in 2025, the company has completed $109.9 million in acquisition and structured investment transactions, achieving a weighted average initial cash yield of 9.5% [3]. Group 4: Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial income properties [4].