---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-005307"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T19:19:40.738490+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust reports Q1 net loss of $0.02 per share; FFO up 13.9%

## Summary
- Net loss attributable to PINE of $260k ($0.02 diluted per share) vs prior-year profit of $3.3M ($0.21).
- FFO per diluted share $0.41 (+13.9% YoY); AFFO $0.42 (+16.7% YoY).
- Total revenue $12.5M (+11.7% YoY) driven by portfolio growth.
- Originated $7.2M first mortgage at 11.3% yield; $3.6M funded in Q1.
- Quarterly dividend maintained at $0.275 per share; no change.

## SEC filing metadata
- accession: 0001558370-24-005307
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000155837024005307/0001558370-24-005307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837024005307/pine-20240418x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-005307
- JSON: https://secwatch.observer/filing/0001558370-24-005307.json
- Plain text: https://secwatch.observer/filing/0001558370-24-005307.txt

## Key facts
- Earnings Releases
  Alpine Income Property Trust, Inc. reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: On April 18, 2024, Alpine Income Property Trust, Inc., a Maryland corporation (the "Company"), issued an earnings press release and an investor presentation relating to the Company’s financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786117/000155837024005307/0001558370-24-005307-index.htm

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