---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-115058"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2026-10-09T20:30:20+00:00"
generated_at: "2026-10-12T15:07:04.822939+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust to acquire 13-property industrial portfolio for $117.3M; deposit now non-refundable

## Summary
- PSA signed October 5, 2026 for 13 industrial properties across 11 states; total purchase price $117.3 million, subject to closing prorations; closing expected in Q4 2026.
- The $1.0 million earnest money deposit became non-refundable on October 9, 2026, and the company now deems closing probable, though closing conditions are not yet satisfied.
- Portfolio lease income was $4.6 million and net income $4.5 million for the six months ended June 30, 2026; FY2025 lease income was $8.9 million with net income of $8.7 million.
- Pro forma FY2025 net loss attributable to common stockholders deepened to $(5.7)M, or $(0.37) diluted, from $(0.21); pro forma long-term debt rises $117.9M to $485.4M assuming revolver funding.
- Tenant A is 35.0% of portfolio revenue (Tenant B 19.8%, Tenant C 10.3%); Pennsylvania, Arkansas and Florida are 18.5%, 13.3% and 12.1% of square footage.

## SEC filing metadata
- accession: 0001104659-26-115058
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2026-10-09T20:30:20+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000110465926115058/0001104659-26-115058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000110465926115058/pine-20261005x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-115058
- JSON: https://secwatch.observer/filing/0001104659-26-115058.json
- Plain text: https://secwatch.observer/filing/0001104659-26-115058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.