Alpine Income Property Trust Reports Third Quarter 2026 Operating And Financial Results
Key Highlights
- ➤2026 AFFO guidance raised to $2.20-$2.22 per diluted share
- ➤Investment guidance increased to $310-$350 million from $170-$200 million
- ➤$117.3 million industrial portfolio acquisition announced, expected to close fourth quarter 2026
- ➤Third-quarter AFFO per diluted share rose to $0.55 from $0.46
- ➤Year-to-date closed and under-contract investment activity exceeded $300 million, a company record
Expert Statements
John P. Albright, President and Chief Executive Officer of Alpine Income Property Trust
“We continued to execute on our growth strategy in the third quarter, investing nearly $41 million at an attractive weighted average initial cash yield of 8.5%”
John P. Albright, President and Chief Executive Officer of Alpine Income Property Trust
“Including our pending $117.3 million portfolio acquisition, our closed and under-contract investment activity year-to-date exceeds $300 million, a Company record that surpasses our full-year 2025 total of $278 million.”
John P. Albright, President and Chief Executive Officer of Alpine Income Property Trust
“Given this strong investment activity and the continued performance of our portfolio we are raising our full-year 2026 guidance.”
– Record of Over $300 Million of Investment Activity Completed and Under-Contract Year-to-Date – – 2026 AFFO per Diluted Share Guidance Increased to $2.20 - $2.22 –
WINTER PARK, Fla., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced its operating results and earnings for the three and nine months ended September 30, 2026.
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