---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-009096"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:23:07.495060+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alpine Q2 FFO $0.38 (+31% YoY); acquires $81.3M in assets

## Summary
- Net income $0.03 diluted EPS flat; FFO $0.38 (+31%), AFFO $0.39 (+144%).
- Total revenues $6.6M (+43.7% YoY); net income $346K (+24%).
- Acquired 18 net-lease properties for $81.3M at weighted-average 7.3% cap rate.
- Completed $54.3M follow-on offering (3.22M shares at $17.80) and $8.0M OP unit issuance.
- Dividend raised 25% to $0.25/share; future dividend declaration moved to end of second month of quarter.

## SEC filing metadata
- accession: 0001558370-21-009096
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000155837021009096/0001558370-21-009096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837021009096/tmb-20210722x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-009096
- JSON: https://secwatch.observer/filing/0001558370-21-009096.json
- Plain text: https://secwatch.observer/filing/0001558370-21-009096.txt

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