News & Achievements

Alpine Income Property Trust Closes $450 Million Unsecured Credit Agreement

Deals & Cases

February 5, 2026 • 1-minute read

Vinson & Elkins advised Alpine Income Property Trust, Inc. (“PINE”) in connection with the closing of a $450 million amended and restated unsecured credit facility (the “Credit Facility”) with the proceeds used to effectively retire all of PINE’s prior unsecured debt. The Credit Facility is comprised of a $250 million revolving credit facility due February 2030 with two six-month extension options, a $100 million term loan due February 2029, and a $100 million term loan due February 2031.

The Vinson & Elkins team was led by partner Zach Swartz and counsel Noelle Alix, with assistance from associates John Brown and Ben Wilken.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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