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Stock impact report

Alpine: I Still Prefer The Ordinary Shares Over Its New Series A Issuance [Seeking Alpha]

Alpine Income Property Trust, Inc. (PINE) 
Last alpine income property trust, inc. earnings: 4/27 04:22 pm Check Earnings Report
Company Research Source: Seeking Alpha
The recent issuance of 8.00% Series A Preferred shares (PINE.PR.A) strengthens PINE's capital structure and supports operational and acquisition initiatives. Despite recording another accounting loss in Q3, Alpine is in the midst of recycling into higher yields. Moreover, benefits of the current asset base will only show at a later-on. I continue to favor PINE common shares over preferreds, citing superior risk-reward and asset-liability dynamics in the current environment. Justin Paget/DigitalVision via Getty Images Alpine Income Property Trust, Inc. (NYSE: PINE is revisited today, after the REIT's ordinary shares delivered a total return of approximately since I last provided coverage, in August. Moreover, the REIT has since issued Series A Preferred This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote th Show less Read more
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