Core Viewpoint - Alpine Income Property Trust, Inc. (NYSE:PINE) is positioned for strong growth due to its strategic capital deployment in higher-yielding structured loans and disciplined property acquisitions, leading to an improved earnings profile and attractive total returns by 2026 [1][6]. Group 1: Financial Performance - B. Riley raised the price target for Alpine to $21 from $19, maintaining a Buy rating, citing the REIT's expanding exposure to structured loan investments as a key growth driver [1]. - In the third quarter, Alpine reported property acquisition volume of $60.8 million at a weighted-average cap rate of 7.7%, indicating a focus on essential-use assets [3]. - The company originated $28.6 million in loans at a weighted-average yield of 10.6%, enhancing portfolio returns while maintaining a conservative risk profile [4]. Group 2: Dividend and Payout - Alpine declared a quarterly cash dividend of $0.285 per share, translating to an annualized yield of approximately 8.25%, with an AFFO payout ratio of 62%, allowing for reinvestment and future growth [5]. Group 3: Strategic Focus - The company focuses on single-tenant commercial properties leased to high-quality tenants in essential retail, distribution, and industrial sectors, which supports its disciplined capital deployment and improving yield mix [6].