Alpine Income Property Trust, Inc. (PINE)
NYSE: PINE · Real-Time Price · USD
14.51
-0.05 (-0.34%)
At close: Jul 23, 2025, 4:00 PM
14.51
0.00 (0.00%)
After-hours: Jul 23, 2025, 7:00 PM EDT

Company Description

Alpine Income Property Trust, Inc. (the “Company” or “PINE”) is a real estate investment trust (“REIT”) that owns and operates a high-quality portfolio of commercial net lease properties.

The terms “us,” “we,” “our,” and “the Company” as used in this report refer to Alpine Income Property Trust, Inc. together with our consolidated subsidiaries.

Our income property portfolio consists of 134 net leased properties located in 35 states. The properties in our portfolio are primarily subject to long-term, net leases, which generally require the tenant to pay directly or reimburse us for property operating expenses such as real estate taxes, insurance, assessments and other governmental fees, utilities, repairs and maintenance and certain capital expenditures.

The Company may also acquire or originate commercial loans and investments. Our investments in commercial loans are generally secured by real estate or the borrower’s pledge of its ownership interest in an entity that owns real estate.

As more fully described in Note 4, “Commercial Loans and Investments,” the three Tampa Properties (defined in Note 4 below), which were purchased during the year ended December 31, 2024 through a sale-leaseback transaction that includes a tenant repurchase option are, for GAAP purposes, accounted for as a financing arrangement.

However, as the Tampa Properties constitute real estate assets for both legal and tax purposes, we include the Tampa Properties in the property portfolio when describing our property portfolio and for purposes of providing statistics related thereto.

The Company operates in two primary business segments: income properties and commercial loans and investments.

The Company has no employees and is externally managed by Alpine Income Property Manager, LLC, a Delaware limited liability company and a wholly owned subsidiary of CTO Realty Growth, Inc. (our “Manager”).

CTO Realty Growth, Inc. (NYSE: CTO) is a Maryland corporation that is a publicly traded REIT and the sole member of our Manager (“CTO”).

All of our executive officers also serve as executive officers of CTO, and one of our executive officers and directors, John P.

Albright, also serves as an executive officer and director of CTO.

Alpine Income Property Trust, Inc.
Alpine Income Property Trust logo
CountryUnited States
Founded2019
IPO DateNov 22, 2019
IndustryREIT - Retail
SectorReal Estate
CEOJohn Albright

Contact Details

Address:
369 North New York Avenue, Suite 201
Winter Park, Florida 32789
United States
Phone407 904 3324
Websitealpinereit.com

Stock Details

Ticker SymbolPINE
ExchangeNYSE
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
IPO Price$19.00
CIK Code0001786117
CUSIP Number02083X103
ISIN NumberUS02083X1037
SIC Code6798

Key Executives

NamePosition
John P. AlbrightPresident, Chief Executive Officer and Director
Philip R. Mays CPASenior Vice President, Chief Financial Officer and Treasurer
Steven Robert GreathouseSenior Vice President and Chief Investment Officer
Lisa M. VorakounSenior Vice President and Chief Accounting Officer
Daniel E. Smith Esq.Senior Vice President, General Counsel and Corporate Secretary

Latest SEC Filings

DateTypeTitle
May 23, 20258-KCurrent Report
Apr 24, 202510-QQuarterly Report
Apr 24, 20258-KCurrent Report
Apr 17, 2025SCHEDULE 13G/AFiling
Apr 8, 2025ARSFiling
Apr 8, 2025DEFA14AAdditional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 8, 2025DEF 14AOther definitive proxy statements
Feb 24, 2025144Filing
Feb 6, 202510-KAnnual Report
Feb 6, 20258-KCurrent Report