Hunton Andrews Kurth LLP represented the underwriters in connection with a $50 million public offering of 2,000,000 shares of 8.00% Series A Cumulative Redeemable Preferred Stock by Alpine Income Property Trust, Inc. Hunton also represented the underwriters in the concurrent bringdown of Alpine’s $150 million common stock at-the-market (ATM) program.

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 commercial income properties that are predominantly leased to high-quality publicly traded and credit-rated tenants.

The Hunton team advising on the transaction was led by partners Rob Smith and Kate Saltz and included associates Casey Shaw and Elizabeth White. Tax advice was provided by partner Kendal Sibley, senior attorney Patrick Tricker, and associate Sarah Colborn.