secwatch.observer — SEC 8-K summary
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Issuer:     Alpine Income Property Trust, Inc. (PINE)
CIK:        0001786117
Form:       8-K
Filed at:   2022-10-20T23:59:59+00:00
Accession:  0001558370-22-015139
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786117/000155837022015139/0001558370-22-015139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786117/000155837022015139/pine-20221020x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-015139

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