---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015139"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:21:13.007622+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust Q3: FFO $0.40, AFFO $0.42, net income $0.72; dividend $0.275

## Summary
- Net income per diluted share $0.72 vs $0.07 prior year; total revenues $11.5M, up 41.1%.
- FFO per share $0.40 (+8.1% YoY); AFFO per share $0.42 (+13.5% YoY).
- Acquired $36.7M in retail net lease properties (7.1% cap rate); sold $50.5M (5.5% cap rate), gains $11.6M.
- Expanded credit facility to $250M, maturity extended to Jan 2027; quarterly dividend increased 7.8% to $0.275.
- Portfolio remains 100% occupied; CEO cites solid execution and opportunistic outlook.

## SEC filing metadata
- accession: 0001558370-22-015139
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000155837022015139/0001558370-22-015139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837022015139/pine-20221020x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015139
- JSON: https://secwatch.observer/filing/0001558370-22-015139.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015139.txt

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