---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-104385"
form_type: "8-K"
ticker: "GIPR"
cik: "0001651721"
company_name: "GENERATION INCOME PROPERTIES, INC."
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:05:11.282968+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Generation Income Properties modifies $7.18M loan on Norfolk office; maturity extended to 2029, rate 6.15%

## Summary
- Outstanding principal $7,180,362.80; maturity extended from Sept 2024 to Aug 30, 2029.
- Interest rate increased from 4.25% to 6.15% per annum.
- Monthly payments of ~$52,079.73 (P&I) starting Sept 30, 2024, with balloon at maturity.
- Loan secured by 2510 Walmer Ave, Norfolk, VA; guaranties confirmed by CEO and corporate entities.

## SEC filing metadata
- accession: 0000950170-24-104385
- form_type: 8-K
- ticker: GIPR
- cik: 0001651721
- company_name: GENERATION INCOME PROPERTIES, INC.
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651721/000095017024104385/0000950170-24-104385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651721/000095017024104385/gipr-20240830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-104385
- JSON: https://secwatch.observer/filing/0000950170-24-104385.json
- Plain text: https://secwatch.observer/filing/0000950170-24-104385.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.