- PINE recently reloaded its acquisition cannon with more low-cost dry powder in the form of a term loan maturing in 2027.
- The net lease REIT has sharpened its investment focus on high quality retail tenants, but it also has a few special situation-type properties that strike me as shrewd portfolio additions.
- Management is actively working to narrow the valuation discount to peers. If successful, shareholders will be rewarded with both capital appreciation and a generous income stream.
For further details see:
Alpine Income's Valuation Discount Won't Last Forever