{"id":11030,"date":"2024-03-20T13:23:09","date_gmt":"2024-03-20T18:23:09","guid":{"rendered":"https:\/\/1reason.com\/re\/alpine-income-property-trust-announces-chief-financial-officer-transition\/11030\/"},"modified":"2024-03-21T08:23:09","modified_gmt":"2024-03-21T13:23:09","slug":"alpine-income-property-trust-announces-chief-financial-officer-transition","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/alpine-income-property-trust-announces-chief-financial-officer-transition\/11030\/","title":{"rendered":"Alpine Income Property Trust Announces\u00a0Chief Financial Officer Transition"},"content":{"rendered":"
Partridge, has resigned from the Company, effective as of April 1, 2024 (the \u201cEffective Date\u201d), to pursue another opportunity with a new venture not in the REIT industry. Following the Effective Date, Mr. Partridge intends to provide further assistance with certain needs of the Company during the Company\u2019s first quarter reporting period in order to ensure a successful transition. The Company has begun its search for a new Chief Financial Officer. <\/p>\n

\u201cThe board of directors and I want to thank Matt for his many contributions and wish him well and great success with his new venture,\u201d said John P. Albright, President and Chief Executive Officer of Alpine Income Property Trust, Inc. \u201cMatt played an important role in advancing key initiatives for the Company, including developing its FP&A, capital markets and financial reporting strategies, as well as building a strong finance and accounting team, now led by Lisa Vorakoun, our Vice President and Chief Accounting Officer who has been with PINE since its inception.\u201d<\/p>\n

Mr. Partridge said, \u201cIt has been a privilege to work with John, the board of directors, and such an incredibly talented team. I am proud of PINE\u2019s growth and all that we have accomplished during my time with the Company.\u201d<\/p>\n

About Alpine Income Property Trust, Inc.<\/u><\/strong><\/p>\n

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased properties that are predominately leased to high-quality publicly traded and credit-rated tenants.<\/p>\n

We encourage you to review our most recent investor presentation which is available on our website at http:\/\/www.alpinereit.com<\/a>.<\/p>\n

Safe Harbor<\/u><\/strong><\/p>\n

This press release may contain \u201cforward-looking statements.\u201d Forward-looking statements include statements that may be identified by words such as \u201ccould,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201clikely,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cseeks,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201ccontinues,\u201d \u201cprojects\u201d and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Company\u2019s current expectations and assumptions regarding capital market conditions, the Company\u2019s business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company\u2019s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include general business and economic conditions, continued volatility and uncertainty in the credit markets and broader financial markets, risks inherent in the real estate business, including tenant defaults, potential liability relating to environmental matters, credit risk associated with the Company investing in first mortgage investments, illiquidity of real estate investments and potential damages from natural disasters, the impact of epidemics or pandemics (such as the COVID-19 Pandemic and its variants) on the Company\u2019s business and the business of its tenants and the impact of such epidemics or pandemics on the U.S. economy and market conditions generally, other factors affecting the Company\u2019s business or the business of its tenants that are beyond the control of the Company or its tenants, and the factors set forth under \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2023 and other risks and uncertainties discussed from time to time in the Company\u2019s filings with the U.S. Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.<\/p>\n\n\n
Contact:<\/td>\nMatthew M. Partridge
Senior Vice President, Chief Financial Officer, & Treasurer
(407) 904-3324
mpartridge@alpinereit.com<\/a><\/td>\n<\/tr>\n<\/table>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

WINTER PARK, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the \u201cCompany\u201d) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Matthew M.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11030"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=11030"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11030\/revisions"}],"predecessor-version":[{"id":11070,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11030\/revisions\/11070"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=11030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=11030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=11030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}