 DAYTONA BEACH, Fla., Oct. 04, 2021 GLOBE NEWSWIRE -- Alpine Income Property Trust, Inc. NYSE: PINE the Company or PINE today announced that it has successfully executed a new 80.0 million unsecured term loan the Term Loan. The Term Loan will mature in January 2027 and is subject to a pricing grid over LIBOR, determined by the Companys leverage ratio. The Company has fixed LIBOR over the life of the Term Loan. Based on the Companys current leverage, the interest rate on the Term Loan will be fixed at an initial rate of 1.83. The Term Loan also includes an accordion option that allows the Company to request additional lender commitments up to a total of 200 million. 