---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-005744"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:49:04.940034+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust Q1 FFO per share $0.49, up 16.7% YoY; revenue $10.8M, up 83%

## Summary
- FFO per diluted share $0.49, up 16.7% YoY; AFFO per share $0.48, up 9.1%.
- Total revenues $10.8M, up 83.3% YoY; net income $924k, up 80.8%.
- Acquired 16 net lease retail properties for $65.5M at 6.9% weighted avg cap rate.
- Paid Q1 dividend $0.27/share, up 12.5% YoY (annualized yield 5.6%).
- Exercised accordion on term loans for $60M, used to pay down revolver; sold office property for $38.8M (gain $7.0M).

## SEC filing metadata
- accession: 0001558370-22-005744
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2022-04-21T23:59:59+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/1786117/000155837022005744/0001558370-22-005744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837022005744/pine-20220421x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-005744
- JSON: https://secwatch.observer/filing/0001558370-22-005744.json
- Plain text: https://secwatch.observer/filing/0001558370-22-005744.txt

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