Alpine Income Property Trust Reports Major 2025 Transactions and Preferred Equity Move
Winter Park, Monday, 1 December 2025.
Alpine Income Property Trust has revealed significant acquisitions and investments in 2025, including $39.8 million in property purchases and $47.5 million in structured investments, enhancing its market strategy.
Acquisition and Investment Activities
Alpine Income Property Trust, Inc. (NYSE: PINE) has been active in the real estate market throughout 2025, acquiring eight properties at a total cost of $39.8 million. These acquisitions include a significant 131,039 square foot property leased to Sam’s Club in Houston, Texas, and a 177,441 square foot property anchored by a Walmart Supercenter in Richmond, Virginia [1][2]. The Trust’s strategy emphasizes properties with high-grade tenants, as evidenced by the inclusion of tenants like Walmart and TJ Maxx, both of which have strong credit ratings [1][2].
Structured Investments and Dispositions
In addition to acquisitions, Alpine Income Property Trust has initiated structured investments totaling $47.5 million, achieving a weighted average initial cash yield of 16.1%. A notable investment included a $4.5 million first mortgage loan secured by a Costco-anchored mixed-use development in Georgia [1]. Moreover, the Trust has been strategically disposing of properties, including a $10.0 million sale of a participation interest in a luxury residential development in Austin, Texas, and four net lease properties for $23.2 million, capitalizing on a favorable exit cash cap rate of 7.5% [1].
Preferred Equity Offering
On November 5, 2025, Alpine Income Property Trust announced a public offering of 2,000,000 shares of its 8.00% Series A Cumulative Redeemable Preferred Stock, priced at $25.00 per share. This move raised $50 million before expenses and aims to enhance financial flexibility and support growth initiatives [1][2]. The offering reflects the Trust’s proactive approach to leveraging capital market conditions to strengthen its financial standing [2].
Market Performance and Outlook
As of December 1, 2025, the company’s property portfolio was nearly fully occupied at 99.4%, with a robust weighted average remaining lease term of 8.4 years. Notably, 50% of its annualized base rent is attributable to investment-grade tenants, underscoring the portfolio’s stability [1]. Despite broader market fluctuations, Alpine Income Property Trust’s strategic focus on high-quality, net-leased properties positions it for continued resilience in the real estate investment trust (REIT) sector [3].