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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 (GIPR) is a net lease REIT specializing in commercial real estate assets with long-term tenants. This page provides investors with essential updates on strategic developments, financial performance, and portfolio management.

Access authoritative coverage of GIPR's earnings reports, property acquisitions, and lease renewals. Our curated news collection helps stakeholders track the company's focus on income-producing retail, office, and industrial properties across key U.S. markets.

Key updates include quarterly financial disclosures, tenant lease extensions, and market expansion strategies. All content is verified for accuracy and relevance to support informed analysis of GIPR's conservative growth approach in evolving capital markets.

Bookmark this page for ongoing insights into how Generation Income Properties maintains stable cash flows through rigorous asset selection and net lease structures. Check regularly for new developments impacting long-term value creation in commercial real estate.

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Generation Income Properties CEO to present at Virtual Tech Conference
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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, 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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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 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, 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 Incom

Nasdaq:GIPR

GIPR Rankings

GIPR Stock Data

8.16M
4.42M
18.45%
5.73%
0.21%
REIT - Diversified
Real Estate Investment Trusts
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United States
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