Alpine Income Property Trust Announces Launch of Public Offering of Series A Cumulative Redeemable Preferred Stock

WINTER PARK, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (“PINE” or the “Company”) today announced the launch of a public offering of shares of the Company’s Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) with a $25.00 per share liquidation preference. The Company expects to use the net proceeds from the offering for general corporate and working capital purposes, which may include property acquisitions, commercial loan and investment opportunities and repayment of debt, including amounts outstanding under PINE’s credit agreements.