Highest-materiality recent filing
Alpine Income Property Trust Q2 2026 net income $3.0M; FFO $0.57; dividend up 6.7%
Net income attributable to common stockholders of $3.0M ($0.16/diluted share) vs loss of $1.6M in Q2 2025.
Alpine Q1 net income $2.2M; raises 2026 AFFO guidance to $2.11-$2.15
Net income attributable to PINE of $2.2M ($0.06/diluted share) vs loss of $1.2M in Q1 2025.
Q4 total revenues $16.9M (up 22% YoY); FFO per diluted share $0.54 vs $0.44; net income $1.5M vs $(1.0M) loss.
Alpine Income Property Trust prices 2M share Series A Preferred Stock offering at $25 per share
Company issued 2,000,000 shares of 8.00% Series A Cumulative Redeemable Preferred Stock at $25.00 per share, with underwriter option for up to 300,000 additional shares.
Alpine Income Property Trust Q3 FFO $0.46, raises outlook, ups investment guide to $200-230M
Net loss attributable to PINE $1.3M ($0.09 diluted EPS) vs net income $3.1M ($0.21) in Q3 2024; FFO per diluted share $0.46 vs $0.45 YoY.
Total revenues $14.9M (up 19% YoY) but net loss attributable to PINE of $(1.6M) vs net income $0.2M in Q2 2024.
PINE Q1 net loss $0.08/share, FFO $0.44/share (+7.3% YoY), invests $79.2M at 9.0% yield
Total revenue $14.2M, up 14% YoY; net loss attributable to PINE $1.18M vs $0.26M last year.
PINE Q4 AFFO $0.44/share; dividend raised to $0.285 quarterly; 17% AFFO growth in 2024
Q4 net loss $0.06/diluted share; FFO $0.44, AFFO $0.44 per share.
PINE Q3 net income $0.21/sh; FFO $0.45/sh +21.6% YoY; raises guidance
Total revenues $13.48M, up 16.6% YoY; net income $3.08M attributable vs. loss $0.84M.
Alpine Income Property Trust Q2 FFO per share $0.43 (+16% YoY); raises full-year guidance
FFO per diluted share $0.43, up 16.2% YoY; AFFO also $0.43 per share.
Alpine Income Property Trust appoints Philip Mays as CFO effective June 17, 2024
Philip R. Mays appointed SVP, CFO & Treasurer, effective June 17, 2024.
Alpine Income Property Trust reports Q1 net loss of $0.02 per share; FFO up 13.9%
Net loss attributable to PINE of $260k ($0.02 diluted per share) vs prior-year profit of $3.3M ($0.21).
Alpine Income Property Trust CFO Matthew Partridge to resign effective April 1
Matthew M. Partridge, SVP & CFO, resigns effective April 1, 2024 to pursue opportunity outside REIT industry.
PINE reports Q4 2023 FFO $0.37/share, AFFO $0.38; net income down 93% YoY on lower gains
Q4 2023 FFO $0.37 per share (flat YoY); AFFO $0.38 per share (down $0.03 YoY).
Alpine Income Property Trust files new ATM prospectus for $109.5M unsold shares
Filed new ATM prospectus for $109.5M aggregate gross offering price of common stock remaining unsold.
Net loss per diluted share ($0.05) vs prior-year income $0.72; revenue flat at $11.6M.
Alpine Q2 net income $0.01/sh; FFO $0.37 down 21%; acquires $60.5M properties
Net income per diluted share $0.01 vs $1.05 YoY; FFO per share $0.37 down 21.3%.
Alpine Income Trust Q1 FFO down 26.5% to $0.36; net income up on property sales
Net income attributable to PINE of $3.3M ($0.21/diluted share), up 314% YoY due to $4.5M gains on property sales.
PINE Q4 2022 FFO $0.37/share (-11.9% YoY), AFFO flat at $0.41; total revenues +22.4%
Q4 net income $4.86M ($0.34/share) vs $8.30M ($0.64) in prior year; decline from lower property sale gains.
Alpine Income Property Trust Q3: FFO $0.40, AFFO $0.42, net income $0.72; dividend $0.275
Net income per diluted share $0.72 vs $0.07 prior year; total revenues $11.5M, up 41.1%.
New $250M unsecured revolver matures Jan 2027 with two one-year extension options; replaces $150M facility maturing Nov 2023.
PINE Q2 2022 net income $1.05/diluted share, FFO up 23.7% YoY to $0.47
Net income attributable to PINE of $14.3M ($1.05/diluted share) vs $0.3M ($0.03) in Q2 2021.
Alpine Income Property Trust Q1 FFO per share $0.49, up 16.7% YoY; revenue $10.8M, up 83%
FFO per diluted share $0.49, up 16.7% YoY; AFFO per share $0.48, up 9.1%.
Alpine Income Property Trust acquires 9 properties for $48.1M
Nine net-lease properties in six states acquired from private family office for $48.1M; funded via credit facility.
Alpine Income Property Trust Q4 2021 net income $0.64/share; revenue up 75.9% YoY
Q4 2021 net income per diluted share $0.64; FFO per share $0.42; AFFO per share $0.41.
Acquired nine ground-leased retail parcels in Houston for $43.5M from private family office; funded with cash and credit facility.
Acquired nine ground-lease parcels with nine retail tenants in Houston, TX for $43.5 million.
Alpine Income Property Trust Q3 FFO $0.37, dividend up 27.5% to $0.255/share
Net income attributable to PINE per diluted share $0.07; FFO $0.37 (+5.7% YoY); AFFO $0.37 (+8.8% YoY).
Alpine Q2 FFO $0.38 (+31% YoY); acquires $81.3M in assets
Net income $0.03 diluted EPS flat; FFO $0.38 (+31%), AFFO $0.39 (+144%).
Alpine acquires two net-lease property portfolios from CTO for $56M total, assumes $30M debt
On June 30, 2021, completed CMBS Portfolio acquisition of six properties for $44.5M.
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.
On November 8, 2024, the Board appointed Brenna A. Wadleigh to the Board, effective November 8, 2024.
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.
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
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.
Max materiality 0.80 · Median 0.65 · Most common event earnings