Exhibit 21.1
Subsidiaries of the Registrant: Alpine Income Property Trust, Inc.
| Organized Under Laws of | Percentage of | |||||
| Alpine Income Property GP, LLC | Delaware | 100.0 | (1) | |||
| Alpine Income Property OP, LP | Delaware | (2) | ||||
| Bluebird Metrowest Orlando LLC | Delaware | 100.0 | (3) | |||
| CTLC18 Lynn MA LLC | Delaware | 100.0 | (3) | |||
| CTO16 Charlottesville LLC | Delaware | 100.0 | (3) | |||
| CTO16 Huntersville LLC | Delaware | 100.0 | (3) | |||
| CTO16 Raleigh LLC | Delaware | 100.0 | (3) | |||
| CTO16 Reno LLC | Delaware | 100.0 | (3) | |||
| CTO17 Brandon FL LLC | Delaware | 100.0 | (3) | |||
| CTO17 Hillsboro OR LLC | Delaware | 100.0 | (3) | |||
| CTO17 Saugus MA LLC | Delaware | 100.0 | (3) | |||
| CTO19 Albany GA LLC | Delaware | 100.0 | (3) | |||
| CTO19 Birmingham LLC | Delaware | 100.0 | (3) | |||
| CTO19 Troy WI LLC | Delaware | 100.0 | (3) | |||
| CTO19 Winston Salem NC LLC | Delaware | 100.0 | (3) | |||
| Indigo Henry LLC | Florida | 100.0 | (3) | |||
| LHC15 Glendale AZ LLC | Delaware | 100.0 | (3) | |||
| PINE19 Alpharetta GA LLC | Delaware | 100.0 | (3) | |||
| PINE19 Asheville LLC | Delaware | 100.0 | (3) | |||
| PINE19 Georgetown TX LLC | Delaware | 100.0 | (3) | |||
| PINE19 Glendale AZ LLC | Delaware | 100.0 | (3) | |||
| PINE19 Jacksonville FL LLC | Delaware | 100.0 | (3) | |||
| PINE19 Slaughter Austin TX LLC | Delaware | 100.0 | (3) | |||
| PINE20 Hurst TX LLC | Delaware | 100.0 | (3) |
| (1) | Alpine Income Property Trust, Inc. (the “Company”) is the sole member of Alpine Income Property GP, LLC (the “General Partner”). |
| (2) | The General Partner is the sole general partner of Alpine Income Property OP, LP (the “Operating Partnership”). The Company owns an approximate 86.6% ownership interest in the Operating Partnership, with Consolidated-Tomoka Land Co. holding, directly and indirectly, an approximate 13.4% ownership interest in the Operating Partnership. |
| (3) | The Operating Partnership is the sole member. |
All subsidiaries are included in the Consolidated and Combined Financial Statements of the Company and its subsidiaries appearing elsewhere in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.
