Alpine Income Property Trust Cuts Management Fee on Preferred Stock Proceeds to 0.75%
Alpine Income Property Trust Inc. has amended its management agreement to reduce the management fee on proceeds from its Series A Preferred Stock offering from 1.50% to 0.75% per annum. This change aims to align management fees with the new capital raised through the issuance. The adjustment follows the completion of the offering and reflects a strategic move to optimize costs associated with the new equity.
Alpine Income Property Trust Inc. has amended its management agreement with Alpine Income Property Manager, LLC regarding the fee structure associated with its recent Series A Preferred Stock offering. The base management fee, typically set at 1.50% per annum of the company’s total equity, will be partially waived for the net cash proceeds from the issuance of the Series A Preferred Stock. For this incremental equity, the management fee will be reduced to 0.75% per annum, rather than the standard 1.50%. This adjustment follows the completion of the offering and aims to align management fees with the new capital raised through the Series A Preferred Stock issuance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpine Income Property Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-109223), on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
