Core Insights - The company announced the acquisition of three properties in Richmond, Virginia for $20.7 million, totaling 177,441 square feet and fully leased [1] - Walmart Supercenter, with an AA credit rating, is the anchor tenant of one property, while another property is anchored by TJ Maxx, which has an A credit rating [1][2] - Following this acquisition, approximately 50% of the company's annualized base rent is now derived from investment-grade rated tenants [2] Property and Market Details - The properties are located on 14 acres in a strong market area, with an average household income of $146,000 and a population exceeding 200,000 within a five-mile radius [3] - The acquisition marks the introduction of the first TJ Maxx-branded store into the company's portfolio [2] 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 diversified portfolio of single-tenant net leased commercial properties [4]

WINTER PARK, Fla., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.285 per share of common stock for the fourth quarter of 2025 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 6.9% based on the closing price of the Company’s common stock on November 17, 2025. The Common St ...

Core Insights - Alpine Income Property Trust, Inc. has acquired a three-property portfolio for $2.8 million, with a weighted average going-in cash yield of 8.5% [1][2] Property Details - The acquired portfolio consists of properties located in Illinois, Virginia, and Louisiana, totaling 8,890 square feet [2] - Two properties are net leased to Hardee's, a national quick-service restaurant chain, while the third is net leased to Jiffy Lube, a leading automotive services franchise [2] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends [3] - The company invests in, owns, and operates a diversified portfolio of single-tenant net leased commercial income properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]

Core Viewpoint - Alpine Income Property Trust, Inc. reported its investment and disposition activities for Q3 and year-to-date 2025, highlighting significant acquisition and sales transactions that reflect a strong performance in the real estate investment sector [1][2]. Investment and Disposition Activity - In year-to-date 2025, the Company completed $135.6 million in acquisition and structured investment transactions with a weighted average initial cash yield of 8.9% [2]. - The year-to-date disposition activity totaled $29.0 million from income-producing asset sales, achieving a weighted average exit cash cap rate of 8.4% [2]. - Additionally, the Company sold $5.3 million in vacant properties during the same period [2]. Portfolio Metrics - As of September 30, 2025, the Company reported a weighted average remaining lease term of 8.7 years and an occupancy rate of 99.4% [3]. - 48% of the annualized base rent is attributable to investment-grade tenants, indicating a strong tenant quality [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 diversified portfolio of single-tenant net leased commercial properties [4]. Recent Transactions - On September 30, 2025, the Company acquired two properties ground leased to Lowe's for $21.1 million, with a weighted average going-in cash cap rate of 6.0% and a remaining lease term of approximately 11.6 years [7]. - Lowe's has become the Company's largest tenant by annualized base rent, surpassing Dick's Sporting Goods [7]. - The Company sold three net lease properties for $6.2 million, including one leased to Advance Auto Parts and a vacant parcel [7]. - Two structured investments were originated for a total of $28.0 million with a weighted average initial cash yield of 10.6% [7]. - The Company increased its commitment to a Wawa Land Development Construction Loan by $0.6 million, totaling $7.4 million [7]. - Principal paydowns of approximately $8.1 million were received on the mortgage note portfolio, reducing the remaining loan balance to $3.9 million with a current yield of 9.0% [7].

Core Viewpoint - Alpine Income Property Trust, Inc. has declared a quarterly cash dividend of $0.285 per share for Q3 2025, reflecting an annualized yield of approximately 7.9% based on the stock's closing price on August 18, 2025 [1][2]. Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]. Dividend Details - The cash dividend of $0.285 per share is payable on September 30, 2025, to stockholders of record as of September 11, 2025, with the ex-dividend date also set for September 11, 2025 [2].

Core Points - Alpine Income Property Trust, Inc. has declared a quarterly cash dividend of $0.285 per share for Q2 2025, representing an annualized yield of approximately 7.7% based on the stock's closing price on May 23, 2025 [1][2] - The dividend is payable on June 30, 2025, to stockholders of record as of June 12, 2025, with the ex-dividend date also on June 12, 2025 [2] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]

Investment and Disposition Activity - The total investment activity for the first quarter of 2025 amounted to $79.2 million, with a weighted average initial investment yield of 9.0% [2] - Disposition activity included asset sales totaling $11.7 million, with a weighted average exit cash cap rate of 9.1% [2] - The weighted average lease term increased to 9.0 years as of March 31, 2025 [2] Detailed Investment Transactions - Three net lease properties were acquired for $39.7 million, with a weighted average going-in cash cap rate of 8.6% and a remaining lease term of 14.3 years [7] - A seller financing structured investment was originated in conjunction with a property disposition in Canton, Ohio, totaling $21.7 million in principal [7] - Three net lease properties were sold for $11.7 million, including properties leased to O'Reilly and At Home [7] Share Repurchase and Balance Sheet - The company repurchased 273,825 shares of common stock at a weighted average gross price of $16.33 per share, totaling $4.5 million [7] - As of March 31, 2025, approximately $5.5 million remained on the current common stock buyback program [7] - There were 15,642,527 shares of common stock and operating partnership units outstanding as of March 31, 2025 [7] - The company has no debt maturities until 2026 [7] 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 [4]