M&A
confidence high
sentiment neutral
materiality 0.60
Alpine Income Property Trust completes $43.5M acquisition of nine ground-lease retail parcels in Houston
Alpine Income Property Trust, Inc.
- Acquired nine ground-lease parcels with nine retail tenants in Houston, TX for $43.5 million.
- Acquisition funded via cash on hand and unsecured revolving credit facility.
- Seller was a private family office; no material relationship with the company or its affiliates.
- Financial statements and pro forma information to be filed by amendment within 71 days.