Investment activity — Co completed $77 million of gross investment activity at a blended initial yield of nearly 9%, supporting revenue growth
Portfolio growth — Property portfolio annualized base rent grew to $50 million, with 55% attributable to investment grade rated tenants
Higher interest income — Interest income from commercial loans and investments rose to $7.3 million from $2.7 million a year earlier
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commercial REITs peer group is "buy"
Wall Street's median 12-month price target for Alpine Income Property Trust Inc is , about above its July 22 closing price of
PINE•
