Alpine Income Property Trust, Inc. (the ?Company? or ?PINE?) is a real estate investment trust (?REIT?) that owns and operates a high-quality portfolio of commercial net lease properties. The terms ?us,? ?we,? ?our,? and ?the Company? as used in this report refer to Alpine Income Property Trust, Inc. The Company is a Maryland corporation that was formed on August 19, 2019. The Company has no employees and is externally managed by Alpine Income Property Manager, LLC, a Delaware limited liability company and a wholly owned subsidiary of CTO Realty Growth, Inc. (our ?Manager?). CTO Realty Growth, Inc. (NYSE: CTO) is a Maryland corporation that is a publicly traded REIT and the sole member of our Manager (?CTO?).