Alpine Income Property Trust, Inc. — fact timeline

Alpine Income Property Trust, Inc. reported the three months ended March 31, 2026 results: revenue $ 18,406, net income $ 2,185, EPS $ 0.06. Guidance raised.

“Operating results for the three months ended March 31, 2026 and 2025 (dollars in thousands, except per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ March 31, 2026 ​ March 31, 2025 Total Revenues ​ $ 18,406 ​ $ 14,206 Net Income (Loss) Attributable to PINE ​ $ 2,185 ​ $ (1,179) Net Income (Loss) per Diluted Share Attributable to PINE ​ $ 0.06 ​ $ (0.08)”

Alpine Income Property Trust, Inc. entered into Waiver Letter with Alpine Income Property Manager, LLC (effective 2025-12-05).

“In connection with the Offering, on December 5, 2025, the Manager executed a waiver (the “Waiver Letter”), which provides that, the Manager will waive a portion of the Base Management Fee attributable to the inclusion of the net cash proceeds from the issuance of Series A Preferred Stock sold in the Offering in Total Equity (the “Incremental Equity Base”), such that the Base Management Fee rate on the Incremental Equity Base will equal 0.75% per annum (0.1875% per fiscal quarter), instead of 1.50% per annum (0.375% per fiscal quarter) as provided in the Management Agreement.”

Alpine Income Property Trust, Inc. amended Second Amendment to Amended and Restated Agreement of Limited Partnership of Alpine Income Property OP, LP.

“In connection with the Offering (as defined below) by Alpine Income Property Trust, Inc. (the “Company”) of the Company’s 8.00% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), the Amended and Restated Agreement of Limited Partnership of Alpine Income Property OP, LP (the “Operating Partnership”) was amended (the “Amendment”) to provide for the issuance of up to an additional 1,458,334 of the Operating Partnership’s 8.00% Series A Cumulative Redeemable Preferred Units (liquidation preference $25.00 per unit) (the “Series A Preferred Units”).”

Alpine Income Property Trust, Inc.: Filed Articles Supplementary to classify additional shares of Series A Preferred Stock, increasing authorized shares to 3,758,334 (effective 2025-12-05).

“On December 5, 2025, the Company filed Articles Supplementary (the “Additional Series A Articles Supplementary”) to the Company’s charter with the State Department of Assessments and Taxation of the State of Maryland (the “SDAT”), to classify and designate 1,458,334 shares of the Company’s authorized but unissued preferred stock, par value $0.01 per share, as additional shares of Series A Preferred Stock”

Alpine Income Property Trust, Inc.: Classified and designated 2,300,000 shares of Series A Preferred Stock via Articles Supplementary (effective 2025-11-10).

“On November 10, 2025, the Company filed the Articles Supplementary with the SDAT designating the powers, preferences and privileges of the Series A Preferred Stock.”

Brenna A. Wadleigh was appointed as Director at Alpine Income Property Trust, Inc..

“On November 8, 2024, the Board appointed Brenna A. Wadleigh to the Board, effective November 8, 2024.”

Jeffrey S. Yarckin resigned as Director at Alpine Income Property Trust, Inc..

“On November 8, 2024, Jeffrey S. Yarckin notified Alpine Income Property Trust, Inc. (the “Company”) that he resigned from the Board of Directors of the Company (the “Board”), effective November 8, 2024.”

Mark O. Decker, Jr. resigned as Director at Alpine Income Property Trust, Inc..

“On October 4, 2024, Mark O. Decker, Jr., notified Alpine Income Property Trust, Inc. (the “Company”) that he resigned from the Board of Directors of the Company (the “Board”), effective October 4, 2024.”

Alpine Income Property Trust, Inc. reported financial results for the quarter ended March 31, 2024.

“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.”

Lisa M. Vorakoun was appointed as Interim Chief Financial Officer and Treasurer at Alpine Income Property Trust, Inc..

“On March 27, 2024, Lisa M. Vorakoun, age 40, was appointed Interim Chief Financial Officer and Treasurer of Alpine Income Property Trust, Inc. (the “Company”), effective April 1, 2024”

Matthew M. Partridge resigned as Senior Vice President, Chief Financial Officer and Treasurer at Alpine Income Property Trust, Inc..

“On February 26, 2024, Matthew M. Partridge, Senior Vice President, Chief Financial Officer and Treasurer of Alpine Income Property Trust, Inc. (the “Company”), notified the Company that he will resign from his position with the Company effective April 1, 2024.”

Alpine Income Property Trust, Inc. reported for the year ended December 31, 2023 results: net income $0.19 per diluted share attributable to the Company.

“Reported Net Income per diluted share attributable to the Company of $0.19 for the year ended December 31, 2023.”

Alpine Income Property Trust, Inc. reported the quarter ended September 30, 2023 results: revenue $11,559, net income $(939), EPS $(0.05). Guidance reaffirmed.

“thousands, except per share data): ​ Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Variance to Comparable Period in the Prior Year Total Revenues $ 11,559 $ 11,520 $ 39 0.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Income (Loss) $ (939) $ 11,170 $ (12,109) (108.4%) Net Income (Loss) Attributable to PINE $ (837) $ 9,770 $ (10,607) (108.6%) Net”

Alpine Income Property Trust, Inc. reported the quarter ended June 30, 2023 results: revenue $ 11,439, net income $ 90, EPS $ 0.01.

“Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Variance to Comparable Period in the Prior Year Total Revenues $ 11,439 $ 11,280 $ 159 1.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Income $ 90 $ 16,336 $ (16,246) (99.4%) Net Income Attributable to PINE $ 80 $ 14,282 $ (14,202) (99.4%) Net Income per Diluted Share Attributable to PINE $ 0.01 $ 1.05 $ (1.04) (99.1%)”

Alpine Income Property Trust, Inc. shareholders approved Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023 at the 2023-05-24 meeting.

“Proposal 2 – Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023: ​ FOR AGAINST ABSTAIN 11,129,981 559,905 18,969”

Alpine Income Property Trust, Inc. shareholders approved Proposal 1 – Election of Directors at the 2023-05-24 meeting.

“Proposal 1 – Election of Directors: ​ ​ DIRECTOR ​ FOR ​ AGAINST ​ ABSTAIN BROKER NON-VOTES John P. Albright 7,107,088 478,805 144,830 3,978,132 Mark O. Decker, Jr. 6,516,554 1,068,755 145,414 3,978,132 Rachel Elias Wein 7,216,100 370,150 144,473 3,978,132 M. Carson Good 5,356,546 2,228,818 145,359 3,978,132 Andrew C. Richardson 7,218,419 367,441 144,863 3,978,132 Jeffrey S. Yarckin 6,515,318 1,069,930 145,475 3,978,132”

Alpine Income Property Trust, Inc. reported the quarter ended March 31, 2023 results: revenue $ 11,166, net income $ 3,745, EPS $ 0.21.

“(in thousands, except per share data): ​ ​ ​ Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Variance to Comparable Period in the Prior Year Total Revenues $ 11,166 $ 10,799 $ 367 3.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Income $ 3,745 $ 924 $ 2,821 305.3% Net Income Attributable to PINE $ 3,339 $ 806 $ 2,533 314.3% Net Income per Diluted Share”

Alpine Income Property Trust, Inc. reported financial results for the quarter and year ended December 31, 2022.

“On February 9, 2023, 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 and year ended December 31, 2022.”

Alpine Income Property Trust, Inc.: Amended and restated bylaws to update provisions relating to stockholder meetings for compliance with federal proxy rules, including Rule 14a-19 (effective 2023-02-01).

“On February 1, 2023, the Board of Directors (the “Board”) of Alpine Income Property Trust, Inc. (the “Company”) approved and adopted the Company’s Third Amended and Restated Bylaws (the “Third Amended and Restated Bylaws”) to update provisions relating to stockholder meetings to ensure compliance with federal proxy rules, including Rule 14a-19 under the Securities Exchange Act of 1934, as amended (“Rule 14a-19”).”