{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-081765","form_type":"8-K","ticker":"GIPR","cik":"0001651721","company_name":"GENERATION INCOME PROPERTIES, INC.","filed_at":"2025-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.209434+00:00","generated_at":"2026-05-19T22:05:38.170117+00:00","sec_items":["1.01","2.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"GIPR sells two properties for $10.65M, repays $10.5M CMBS loan; CEO loans $610k for closing costs","bullets":["Sold Starbucks-occupied Tampa retail for $3.45M and Auburn-occupied Huntsville industrial for $7.2M; total $10.65M cash.","Full repayment of ~$10.5M CMBS loan serviced by PNC Bank; remaining CMBS-encumbered 7-Eleven in D.C. now unleveraged.","Issued $332k promissory note at 7.5% to NAI Chase and $103.5k at 0% to SRS for broker fees; both due Dec 31, 2025.","CEO David Sobelman's trust provided $610k loan at 5.75% for closing costs; due Aug 31, 2025; CEO also personally guaranteed the $332k note."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-081765","json":"https://secwatch.observer/filing/0000950170-25-081765.json","markdown":"https://secwatch.observer/filing/0000950170-25-081765.md","text":"https://secwatch.observer/filing/0000950170-25-081765.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/gipr-20250529.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T22:05:38.170117+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":"00617d606c52626821ba82a89396d4cd72f2ed35","claim":"GENERATION INCOME PROPERTIES, INC. incurred guarantee with Chase Commercial Realty, Inc. d/b/a NAI Chase.","evidence_excerpt":"On May 29, 2025, the Company’s Chief Executive Officer, David Sobelman (the \"Guarantor\") executed a Personal Guaranty (the “Guaranty”) in favor of Chase, in connection with the loan made by Chase to the Operating Partnership pursuant to the Chase Promissory Note.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Counterparty","value":"Chase Commercial Realty, Inc. d/b/a NAI Chase"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"29322135a6cd0b08dc87491dc012de88bf5071a5","claim":"GENERATION INCOME PROPERTIES, INC. incurred loan of $332,000.00 with Chase Commercial Realty, Inc. d/b/a NAI Chase at 7.5% per annum maturing December 31, 2025.","evidence_excerpt":"On May 29, 2025, the Company, through its operating partnership Generation Income Properties L.P. (the “Operating Partnership”), entered into a loan transaction for $332,000.00 that is evidenced by a promissory note (the “NAI Chase Promissory Note”) issued to Chase Commercial Realty, Inc. d/b/a NAI Chase (“Chase”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$332,000.00"},{"label":"Counterparty","value":"Chase Commercial Realty, Inc. d/b/a NAI Chase"},{"label":"Rate","value":"7.5% per annum"},{"label":"Maturity","value":"December 31, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4602c18386a0050e2aeb974f766a025abed38a22","claim":"GENERATION INCOME PROPERTIES, INC. incurred loan of $610,000.00 with David E. Sobelman Revocable Trust at 5.75% per annum maturing August 31, 2025.","evidence_excerpt":"On May 29, 2025, the Company, through the Operating Partnership, entered into a loan transaction with David Sobelman, the Company’s Chief Executive Officer, for $610,000.00 to fund closing costs relating to the sale of the Company’s Auburn University-occupied industrial building located in Huntsville, Alabama and Starbucks-occupied retail building located in Tampa, Florida, as further described under Item 2.01 above.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$610,000.00"},{"label":"Counterparty","value":"David E. Sobelman Revocable Trust"},{"label":"Rate","value":"5.75% per annum"},{"label":"Maturity","value":"August 31, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ba5581d20c28359a028c68bc9438c9d2dc90b79e","claim":"GENERATION INCOME PROPERTIES, INC. incurred loan of $103,500.00 with SRS Real Estate Partners, LLC at 0% per annum maturing December 31, 2025.","evidence_excerpt":"On May 29, 2025, GIPFL 1300 S Dale Mabry, LLC (“GIPFL”), an indirect wholly owned subsidiary of the Company, entered into a loan transaction for $103,500.00 that is evidenced by a promissory note (the “SRS Promissory Note”) issued to SRS Real Estate Partners, LLC. (“SRS”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$103,500.00"},{"label":"Counterparty","value":"SRS Real Estate Partners, LLC"},{"label":"Rate","value":"0% per annum"},{"label":"Maturity","value":"December 31, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"781972f03ff66ee09f30c66da5ae4c7919bf7a14","claim":"GENERATION INCOME PROPERTIES, INC. completed a disposition involving 1300 Dale Mabry Holdings LLC for $3,450,000, in cash (closed 2025-05-29).","evidence_excerpt":"and 6800 4 th Street Holdings LLC, as purchaser, as amended effective May 2, 2025 and subsequently assigned by purchaser to 1300 Dale Mabry Holdings LLC, for a purchase price of $3,450,000, in cash, subject to customary pro-rations and adjustments. On May 29, 2025, GIPAL JV 15091 SW Alabama 20, LLC, an indirect wholly owned subsidiary of the Company, completed the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"1300 Dale Mabry Holdings LLC"},{"label":"Consideration","value":"$3,450,000, in cash"},{"label":"Closing","value":"2025-05-29"}],"fact_type":"ma_transaction"},{"claim_id":"ae6fe3dbb1397f2afb53f389ed840e7b63903a75","claim":"GENERATION INCOME PROPERTIES, INC. completed a disposition involving Titomic, USA, Inc. for $7,200,000, in cash (closed 2025-05-29).","evidence_excerpt":"GIPAL JV 15091 SW Alabama 20, LLC , as seller, and Titomic, USA, Inc., as purchaser, as amended effective April 7, 2025, May 9, 2025 and May 29, 2025, for a purchase price of $7,200,000, in cash, subject to customary pro-rations and adjustments. The foregoing summaries of the terms and conditions of the Florida Purchase and Sale Agreement and the Alabama Purchase","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000095017025081765/0000950170-25-081765-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Titomic, USA, Inc."},{"label":"Consideration","value":"$7,200,000, in cash"},{"label":"Closing","value":"2025-05-29"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}