secwatch.observer — SEC 8-K summary
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Issuer:     Alpine Income Property Trust, Inc. (PINE)
CIK:        0001786117
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001558370-24-005307
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786117/000155837024005307/0001558370-24-005307-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786117/000155837024005307/pine-20240418x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-005307

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