secwatch.observer — SEC 8-K summary
======================================

Issuer:     Alpine Income Property Trust, Inc. (PINE)
CIK:        0001786117
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001558370-25-009538
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786117/000155837025009538/0001558370-25-009538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786117/000155837025009538/pine-20250724x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-009538

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer