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Alpine Income Property: 3 Key Takeaways for Long-Term Investors
The Motley Fool·
Alpine Income Property (PINE) reported record year-to-date investments exceeding $300 million and agreed to acquire a $117.3 million industrial property portfolio with attractive yields and long-term tenants. The company improved its balance sheet with net debt to adjusted EBITDA declining to 6.5x from 7.7x year-over-year, providing flexibility for future acquisitions while maintaining capital discipline.
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