{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-047967","form_type":"8-K","ticker":"GIPR","cik":"0001651721","company_name":"GENERATION INCOME PROPERTIES, INC.","filed_at":"2023-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.722991+00:00","generated_at":"2026-06-10T19:08:22.308686+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Generation Income Properties acquires remaining 50% interest in Rockford property for $1.3M","bullets":["Purchased remaining 50% TIC interest in Rockford, IL property for $1.32M, now 100% owner.","Previous co-owner SunnyRidge MHP sold its interest; closing on September 7, 2023.","Preferred equity investor LC2-NNN Pref contributed $2.1M to GIP SPE upon closing.","Property is located at 525 South Perryville Road, Rockford, Illinois."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-047967","json":"https://secwatch.observer/filing/0000950170-23-047967.json","markdown":"https://secwatch.observer/filing/0000950170-23-047967.md","text":"https://secwatch.observer/filing/0000950170-23-047967.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651721/000095017023047967/0000950170-23-047967-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651721/000095017023047967/gipr-20230907.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T19:08:22.308686+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a01ecebd1b6bc154f358ef24924e075e5248c08f","claim":"GENERATION INCOME PROPERTIES, INC. entered into Tenant in Common Purchase Agreement with SunnyRidge MHP, LLC valued at approximately $1.3 million (effective 2023-09-07).","evidence_excerpt":"On September 7, 2023, Generation Income Properties, Inc. (the “ Company ”), through its subsidiary GIPIL 525 S Perryville Rd, LLC (\" Buyer \"), entered into a Tenant in Common Purchase Agreement (the “ Purchase Agreement ”) with SunnyRidge MHP, LLC (\" Seller \") pursuant to which the Buyer purchased the Seller’s 50% undivided tenant-in-common interest in the Company’s Rockford, Illinois property","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017023047967/0000950170-23-047967-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"SunnyRidge MHP, LLC"},{"label":"Value","value":"approximately $1.3 million"},{"label":"Effective","value":"2023-09-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}