Neutral View On Alpine Income Property Trust As There Are Better Alternatives
PINEAlpine me Property Trust(PINE) Seeking Alpha·2024-06-10 14:06

adventtr Investment Thesis The ongoing market conditions significantly limited Alpine Income Property Trust's (NYSE:PINE) ability to grow acquisition-wise during the 2023 - 2024 YTD period. The management presented a coherent investment strategy reflected in PINE's business decisions that the Company intends to follow until the market conditions improve or the gap between buyers' and sellers' expectations narrows. While the Company offers an attractive dividend yield and has a seemingly opportunistic valuat ...