secwatch.observer — SEC 8-K summary
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Issuer:     GENERATION INCOME PROPERTIES, INC. (GIPR)
CIK:        0001651721
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0000950170-23-047967
Event type: m_and_a
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Generation Income Properties acquires remaining 50% interest in Rockford property for $1.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1651721/000095017023047967/0000950170-23-047967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1651721/000095017023047967/gipr-20230907.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-047967

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