Earnings Call Summary | Alpine Income Property Trust(PINE.US) Q1 2024 Earnings Conference
Earnings Call Summary | Alpine Income Property Trust(PINE.US) Q1 2024 Earnings Conference
G&A as a percentage of revenues in Q1 2024 sat at 12.4%, marking a significant decrease from the previous year.The following is a summary of the Alpine Income Property Trust, Inc. (PINE) Q1 2024 Earnings Call Transcript:
以下是阿爾卑斯收益財產信託公司（PINE）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Alpine Income Property Trust reported Q1 2024 FFO of $0.41 per share, a 13.9% increase from Q1 2023.
Total revenues increased by 11.7% driven largely by the interest income generated by their loan portfolio.
G&A as a percentage of revenues in Q1 2024 sat at 12.4%, marking a significant decrease from the previous year.
阿爾卑斯收益財產信託基金報告稱，2024年第一季度FFO爲每股0.41美元，較2023年第一季度增長13.9％。
總收入增長了11.7％，這主要是由其貸款組合產生的利息收入推動的。
2024年第一季度，併購佔收入的百分比爲12.4％，比上年大幅下降。
Business Progress:
業務進展：
Alpine originated a $7.2 million first mortgage loan investment and acquired land under a CVS in Baton Rouge for $1 million.
The property portfolio was 99% occupied and consisted of 138 properties spread across 35 states.
Key tenants in the portfolio included major retailers such as Walgreens, Lowe's, Dick's Sporting Goods, Family Dollar, Dollar Tree, and Dollar General.
65% of total annualized base rents came from tenants with an investment-grade rating, showing an increase from the previous year.
阿爾派發起了720萬澳元的首筆抵押貸款投資，並以100萬美元的價格收購了巴吞魯日CVS下的土地。
該房地產投資組合的佔用率爲99％，包括分佈在35個州的138處房產。
投資組合中的主要租戶包括沃爾格林、勞氏、迪克體育用品、Family Dollar、Dollar、Dollar Tree和Dollar General等主要零售商。
年化基本租金總額的65％來自投資級評級的租戶，比上年有所增加。
More details: Alpine Income Property Trust IR
更多詳情： 阿爾卑斯收益財產信託基金 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。