Alpine Income Property Trust’s Q1 2025 Financial Overview

Alpine Income Property Trust Inc ( (PINE) ) has released its Q1 earnings. Here is a breakdown of the information Alpine Income Property Trust Inc presented to its investors.

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that focuses on owning and operating single tenant net leased commercial income properties, primarily leased to high-quality publicly traded and credit-rated tenants.

In its first quarter of 2025, Alpine Income Property Trust reported a net loss of $0.08 per diluted share, while achieving Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) of $0.44 per diluted share. The company closed investments worth $79.2 million with a weighted average initial cash yield of 9.0% and increased its dividend for the quarter.

Key financial highlights include a total revenue increase to $14.2 million from $12.5 million in the same quarter of the previous year. Despite the net loss, the company demonstrated strong investment activity with seven acquisitions totaling $79.2 million and three property dispositions amounting to $11.7 million. The company’s property portfolio remains robust with a 98.6% occupancy rate and a weighted average remaining lease term of 9.0 years.

Looking ahead, Alpine Income Property Trust has raised its 2025 outlook for FFO, AFFO, and investments, reflecting confidence in its strategic direction and operational capabilities. The company anticipates continued strong performance supported by its diversified property portfolio and strategic investment activities.