Alpine Income Property Trust, Inc. has closed an amended and restated unsecured credit facility totaling $450 million, replacing all of the company’s prior unsecured debt. The new facility includes a $250 million revolving credit facility due February 2030, a $100 million term loan due February 2029, and a $100 million term loan due February 2031. The agreement features an accordion option allowing total borrowings to increase up to $750 million. The facility, provided by a syndicate of banks led by Truist Bank, N.A., offers interest rates 10 to 15 basis points lower than the company’s previous debt and is structured with SOFR-based interest rate swaps, initially fixing rates for the term loans at approximately 3.5% and the revolving facility at 4.8%. Future adjustments are set to occur as existing swap agreements mature and are replaced with forward swaps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpine Income Property Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9649091) on February 04, 2026, and is solely responsible for the information contained therein.