Alpine Income Property Trust Inc. is a real estate investment trust (REIT) that specializes in owning and operating a portfolio of single-tenant net lease commercial properties. The company was founded in 2020 and is headquartered in Daytona Beach, Florida. Alpine Income Property Trust focuses on acquiring high-quality properties that are leased to established tenants operating in various industries such as retail, healthcare, and automotive. Alpine Income Property Trust is listed on the New York Stock Exchange (NYSE) under the ticker symbol "PINE."
As a net lease REIT, Alpine Income Property Trust leases its properties to tenants who are responsible for covering most, if not all, property-related expenses such as taxes, insurance, and maintenance. This structure provides a stable and predictable income stream for the company and its shareholders. The properties in Alpine's portfolio are typically subject to long-term leases, which helps to mitigate risks associated with tenant turnover.