Alpine Income Property Trust expands revolver to $325 million, adds $100 million term loan
Alpine Income Property Trust (PINE) amended its credit agreement on October 28, 2026, raising its revolving credit facility from $250 million to $325 million and adding a new $100 million senior unsecured term loan maturing in 2030. The company says the added $175 million of capacity is intended to fund future acquisitions, and it moved $100 million of existing SOFR swaps to the new term loan, with an initial fixed rate of approximately 4.6%.
Key points
- Revolving facility commitments increased from $250 million to $325 million under the Amendment dated October 28, 2026.
- New $100 million senior unsecured term loan matures in 2030; the company reports an initial fixed rate of approximately 4.6%.
- $50 million of swaps on the 2030 term loan mature in January 2027 and $50 million in March 2028.
- Truist Bank, N.A. is administrative agent; Capital One and Associated Bank are new to the facility per the press release.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.