---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009538"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:29:10.638204+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust Q2 net loss $1.6M; FFO per share $0.44, up YoY; capital recycling and buyback

## Summary
- Total revenues $14.9M (up 19% YoY) but net loss attributable to PINE of $(1.6M) vs net income $0.2M in Q2 2024.
- FFO per diluted share $0.44 (up from $0.43) and AFFO per share $0.44 (up from $0.43) for the quarter.
- H1 2025: invested $85.9M at 9.1% initial cash yield, sold $28.2M at 8.4% yield; reduced Walgreens to 5th largest tenant.
- Year to date repurchased 546,390 common shares for net cost of $8.8M.
- Portfolio weighted-average lease term extended to 8.9 years from 6.6 a year ago; 51% of ABR from investment-grade tenants.

## SEC filing metadata
- accession: 0001558370-25-009538
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000155837025009538/0001558370-25-009538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837025009538/pine-20250724x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009538
- JSON: https://secwatch.observer/filing/0001558370-25-009538.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009538.txt

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