Alpine Income Property Trust, Inc.

WINTER PARK, Fla., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”), today announced the successful closing of its previously announced 2030 term loan due October 2030 (the “2030 Term Loan”) and upsized revolving credit facility (“Revolving Credit Facility”) providing $175 million in unsecured financings consisting of: A new $100 million 2030 Term Loan; and A $75 million increase in the aggregate amount of commitments under the Revolving Credit Facility to $325 million from $250 million.

Alpine Income (PINE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Alpine Income Property Trust offers a 7.5% dividend yield and trades at a significant discount to its net-lease REIT peers. Is that discount justified? Strong AFFO growth, low property acquisition costs, and attractive dividend coverage make PINE an interesting income investment, but there is more to the story. A closer look at PINE's financials reveals risks that traditional net-lease REIT investors might overlook. I explain why I still rate PINE a Buy, despite these concerns.

Alpine Income Property Trust, Inc. ( PINE ) Q3 2026 Earnings Call October 23, 2026 9:00 AM EDT Company Participants Jenna McKinney John Albright - President, CEO & Director Philip Mays - Senior VP, CFO & Treasurer Conference Call Participants Jay Kornreich - Cantor Fitzgerald & Co., Research Division Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division R.J. Milligan - Raymond James & Associates, Inc., Research Division Michael Goldsmith - UBS Investment Bank, Research Division Gaurav Mehta - Alliance Global Partners, Research Division Alex Fagan John Massocca - B.