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Generation Incom - GIPR STOCK NEWS

Welcome to our dedicated page for Generation Incom news (Ticker: GIPR), a resource for investors and traders seeking the latest updates and insights on Generation Incom stock.

Generation Income Properties Inc. is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office, and industrial properties net leased to high-quality tenants in major markets throughout the United States. With a primary revenue source of rental income, the REIT holds properties in various states, including Alabama, Arizona, Colorado, the District of Columbia, Florida, Illinois, North Carolina, and Virginia. The company's strategic approach involves acquiring conservative, credit-worthy, long-term real estate assets, particularly single-tenant, net-leased investments like free-standing office, retail, or industrial buildings that are leased to single users or companies on long-term leases extending up to 25 years. Special emphasis is placed on the intrinsic present and future value of the real estate to prepare for asset reuse post-lease expirations.

News

Generation Income Properties Announces Planned Departure of Company’s Chief Financial Officer, Allison Davies

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Generation Income Properties, Inc. (NASDAQ:GIPR) announced that its CFO, Allison Davies, will be departing the company on November 15, 2023. The company has started the search for Davies' successor.
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Generation Income Properties Announces Continued Monthly Cash Distributions

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Generation Income Properties, Inc. (NASDAQ:GIPR) declares monthly cash distributions of $0.039 per common share for October, November, and December 2023, totaling approximately $0.468 per common share annually.
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Loci Capital Leads Preferred Equity Investments in 21 Asset Portfolio

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Generation Income Properties (Nasdaq: GIPR) Completes Acquisition of $42 Million, Thirteen (13) Property Portfolio

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Generation Income Properties, Inc. (NASDAQ:GIPR) has closed the acquisition of a 13-property portfolio for $42 million. The portfolio consists of 11 retail properties and 2 office properties, with a weighted average remaining lease term of 5.6 years. Approximately 76% of the annualized base rent comes from tenants with an investment grade credit rating. The purchase price was financed with cash, a secured debt facility, and a preferred equity investment led by Loci Capital.
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Modiv Announces Second Quarter 2023 Results

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Modiv Industrial, Inc. (MDV) successfully transitions to focused industrial manufacturing REIT, closing the sale of 13 non-industrial assets for $42 million, and changes corporate name. Second-quarter revenue is $11.8 million, up 16.7% year-over-year, with FFO of $7.9 million and AFFO of $3.3 million.
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Generation Income Properties Announces Second Quarter 2023 Financial and Operating Results

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Generation Income Properties, Inc. (NASDAQ:GIPR) reported a net loss of $881 thousand, or $0.34 per share, for the three-month period ended June 30, 2023. The company also generated Core FFO of $88 thousand, or $0.03 per share, and Core AFFO of $33 thousand, or $0.01 per share. Approximately 62% of the portfolio's annualized base rent was derived from tenants with an investment grade credit rating of 'BBB-' or better. The company's largest tenants include the General Service Administration, PRA Holdings, Inc., Pratt and Whitney, and Kohl's Corporation. The portfolio is 93% leased and occupied, and 87% of the leases provide for increases in base rent in the future. The company had $2.1 million in total cash and cash equivalents and total mortgage loans of $35.0 million as of June 30, 2023.
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Generation Income Properties Announces Dates for its 2023 Second Quarter Earnings Results Release and Live Conference Call

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Generation Income Properties Announces Continued Monthly Cash Distributions

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Generation Income Properties Announces First Quarter 2023 Financial and Operating Results

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Generation Income Properties Announces Continued Monthly Cash Distributions

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Generation Income Properties (NASDAQ:GIPR) announced its Board of Directors has declared monthly cash distributions of $0.039 per common share for April, May, and June 2023. Shareholders of record will receive these distributions on or about the 30th of each respective month, following the record dates of April 15, May 15, and June 15, 2023. The total annualized distributions are projected to be approximately $0.468 per share. Future distributions remain subject to Board approval and are influenced by the Company’s financial performance and various risks detailed in the forward-looking statements.

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FAQ

What is the current stock price of Generation Incom (GIPR)?

The current stock price of Generation Incom (GIPR) is $1.77 as of February 28, 2025.

What is the market cap of Generation Incom (GIPR)?

The market cap of Generation Incom (GIPR) is approximately 9.5M.

What is Generation Income Properties Inc. focused on?

The company concentrates on acquiring and managing income-producing retail, office, and industrial properties net leased to high-quality tenants in major markets across the United States.

What types of real estate assets does Generation Income Properties Inc. acquire?

Generation Income Properties Inc. acquires conservative, credit-worthy, long-term real estate assets, primarily single-tenant, net-leased investments such as free-standing office, retail, or industrial buildings.

What is the key revenue source for Generation Income Properties Inc.?

Rental income serves as the primary revenue source for Generation Income Properties Inc., derived from the properties leased to tenants.

Which states does Generation Income Properties Inc. hold properties in?

Generation Income Properties Inc. holds properties in several states, including Alabama, Arizona, Colorado, the District of Columbia, Florida, Illinois, North Carolina, and Virginia.

What is the strategic approach of Generation Income Properties Inc. towards real estate acquisitions?

Generation Income Properties Inc. strategically acquires long-term real estate assets with a focus on the conservative, credit-worthy nature of the investments and emphasizes the intrinsic present and future value of the real estate.
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Generation Incom

Nasdaq:GIPR

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GIPR Stock Data

9.49M
4.40M
18.27%
4.69%
0.03%
REIT - Diversified
Real Estate Investment Trusts
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United States
TAMPA