Alpine Income Property Trust Reports $277.7M Investment Activity for FY25

Alpine Income Property Trust announced its investment and disposition activities for the full fourth quarter and full year 2025. During Q4 and FY25, the Company completed the following transactions: Investments: Since the prior transaction update on December 1, the Company originated two new structured investments totaling $33.5M in loan commitments at a weighted average initial cash yield of 12%. $20M first mortgage loan, fully funded at close, with an initial yield of 12%, secured by a mixed-use development in Fairfax Country, Virginia. $13.5M first mortgage loan commitment with an initial yield of 12%, secured by a mixed-use redevelopment in Denver, Colorado. Total Q4 investment activity includes $142.1M of acquisitions and structured investment transactions representing a weighted average initial cash yield of 11.7%. FY25 investment activity includes $277.7M of acquisitions and structured investment transactions representing a weighted average initial cash yield of 10.3% and setting a new annual record. Dispositions: Since the prior transaction update on December 1, the Company sold five net lease properties for an aggregate sale price of $15.3M at a weighted average exit cash cap rate of 8.1%, leased to O'Reilly Auto Parts, Family Dollar, Chipotle, and Walgreens. Total Q4 disposition activity of $48.4M, including $38.4M of income-producing asset sales at a weighted average exit cash cap rate of 7.7% and one $10M structured investment participation interest sale. FY25 disposition activity of $82.8M, including $67.5M of income-producing asset sales at a weighted average exit cash cap rate of 8%, $5.3M of vacant properties and one $10M structured investment participation interest. As of December 31, the Company's property portfolio was 99.4% occupied, with a weighted average remaining lease term of 8.4 years, and with 51% of annualized base rent attributable to investment grade rated tenants.