Source-grounded facts extracted from GENERATION INCOME PROPERTIES, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
GENERATION INCOME PROPERTIES, INC. reported 12 months ended December 31, 2022 results: net income $3.2 million, EPS ($1.40) per basic and diluted share.
“Generated net loss attributable to GIPR of $3.2 million, or ($1.40) per basic and diluted share.”
GENERATION INCOME PROPERTIES, INC. reported 3 months ended December 31, 2022 results: net income $976 thousand, EPS ($0.39) per basic and diluted share.
“Generated net loss attributable to GIPR of $976 thousand, or ($0.39) per basic and diluted share.”
GENERATION INCOME PROPERTIES, INC. entered into Purchase and Sale Agreement with Harbor Terrace Limited Partnership valued at $8,200,000 (effective 2023-02-10).
“On February 10, 2023, Generation Income Properties L.P. (the “Operating Partnership”), the operating partnership of Generation Income Properties, Inc. (the “Company”), entered into a Purchase and Sale Agreement with Harbor Terrace Limited Partnership to acquire an approximately 48,000 square foot single-tenant retail building in Overland Park, KS for total consideration of $8.2 million, which is expected to be funded with approximately 50% mortgage debt and 50% equity.”
GENERATION INCOME PROPERTIES, INC. amended Unit Issuance Agreement and Amendment to Contribution and Subscription Agreement with LMB Owenton I LLC valued at Delay of Contributor's redemption right until third anniversary (January 14, 2025) at reduced price (effective 2023-02-07).
“O n February 7, 2023, the Operating Partnership entered into a Unit Issuance Agreement and Amendment to Contribution and Subscription Agreement (the "LMB Agreement") with LMB Owenton I LLC, the contributor of the Company’s Tampa Starbucks property located at 10002 N Dale Mabry (the “Contributor”), in which GIPLP and the Contributor agreed to delay the Contributor’s right to require the redemption of the Contributor’s common units in the Operating Partnership until the third anniversary of the closing of the contribution of the Tampa Starbucks property, January 14 th 2025, and for a reduced redemption price of $7.15 per common unit.”
GENERATION INCOME PROPERTIES, INC. entered into Unit Purchase Agreements for GIPVA 2510 Walmer Ave, LLC and GIPVA 130 Corporate Blvd, LLC with Brown Family Enterprises, LLC valued at Issuance to Purchaser of 180,000 Class A Preferred Units at $10.00 per unit for $1,800,000 and 120,0 (effective 2023-02-08).
“Also on February 8, 2023, both of the Virginia SPEs and the Purchaser entered into Unit Purchase Agreements in which GIPVA 2510 issued and sold to the Purchaser 180,000 Class A Preferred Units at a price of $10.00 per unit for an aggregate price of $1,800,000, and GIPVA 130 issued and sold to the Purchaser 120,000 Class A Preferred units at a price of $10.00 per unit for an aggregate price of $1,200,000.”
GENERATION INCOME PROPERTIES, INC. entered into Amended and Restated Limited Liability Company Agreements for GIPVA 2510 Walmer Ave, LLC and GIPVA 130 Corporate Blvd, LLC with Brown Family Enterprises, LLC valued at Issuance of 180,000 Class A Preferred Units at $10.00 per unit ($1,800,000) and 120,000 Class A Pref (effective 2023-02-08).
“On February 8, 2023, Generation Income Properties L.P. (the “Operating Partnership”), the operating partnership of Generation Income Properties, Inc. (the “Company”), entered into new Amended and Restated Limited Liability Company Agreements for each of GIPVA 2510 Walmer Ave, LLC ("GIPVA 2510") and GIPVA 130 Corporate Blvd, LLC ("GIPVA 130") in which the Operating Partnership, as the sole member of GIPVA 2510 and GIPVA 130, admitted a new member, Brown Family Enterprises, LLC (the "Purchaser"), through the issuance to Purchaser of membership interests in the form of Class A Preferred Units of GIPVA 2510 and GIPVA 130.”
GENERATION INCOME PROPERTIES, INC. reported third quarter ended September 30, 2022 results: net income $639 thousand, EPS ($0.28).
“Generated net loss attributable to GIPR of $639 thousand, or ($0.28) per basic and diluted share.”
Richard Russell departed as Chief Financial Officer at GENERATION INCOME PROPERTIES, INC..
“As Ms. Davies will assume the responsibilities previously undertaken by Richard Russell in his current role as the Company's Chief Financial Officer, Mr. Russell's service as the Company's Chief Financial Officer will cease as of the Effective Date.”
Allison Davies was appointed as Chief Financial Officer and Treasurer at GENERATION INCOME PROPERTIES, INC..
“On January 24, 2022, the Board of Directors (the “Board”) of Generation Income Properties, Inc. (the “Company”) appointed Allison Davies as the Chief Financial Officer and Treasurer of the Company effective as of February 28, 2022 (the “Effective Date”).”
Gena Cheng was appointed as director at GENERATION INCOME PROPERTIES, INC..
“On October 5, 2021, the Board of Directors of Generation Income Properties, Inc. (the “Company”) appointed Gena Cheng, effective immediately, to serve as a new director.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.