Alpine Income Property Trust, Inc. (NYSE:PINE) Q4 2022 Earnings Call Transcript

Wes Golladay: All right, great. Thanks, everyone.

Operator: Our next question or comment comes from the line of Mr. Craig Kucera from B. Riley. Your line is now open, sir.

Craig Kucera: Yes. Hey, good morning, guys. Most of mine have been answered, but I wanted to ask about your lease rollover. I think historically, you haven’t had much in the portfolio, but you are starting to see a pickup here a little bit in €˜23 and certainly in ’24. Are you having any discussions at this point on extensions? And I just would be curious about any thoughts you have on lease expirations over the next year or two?

John Albright: Yes. Thanks, Craig. We have had extension discussions. We’re actually seeing some tenants with expirations a couple of years away try to come in early to get something for an early extension. And a lot of those locations were comfortable basically waiting till the renewal. And – but if there’s an opportunity to do something with the tenants on multiple assets, we’re certainly open to those discussions. So, yes, we’re obviously in intended discussions about renewals and early renewals.

Craig Kucera: Okay, great. That’s all for me. Thank you.

Operator: Thank you. I’m sure no additional questions in the queue at this time. I’d like to turn the conference back over to Mr. Albright for any closing remarks.

John Albright: Thank you very much for attending the call, and look forward to talking to you after.

Matt Partridge: Thanks, everyone.

Operator: Ladies and gentlemen, thank you for participating in today’s conference. This concludes the program. You may now disconnect. Everyone, have a wonderful day. Speakers, stand by.