Alpine Income Property Trust Closes $175 Million Unsecured Financing

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. “The new term loan and expanded revolver add $175 million of potential liquidity and financial flexibility to fund future acquisitions,” said Philip R. Mays, Senior Vice President and Chief Financial Officer of Alpine Income Property Trust. “We appreciate the continued support of our existing banking partners and are pleased to welcome Capital One and Associated Bank to our Credit Facility.”