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Generation Income Properties reported multiple real estate transactions in June and August 2026
GIPRGeneration Income Properties, Inc.
Generation Income Properties reported multiple real estate transactions in June and August 2026. On June 16, the company reacquired its Washington D.C. net-lease property from a related party for $600,000, resuming consolidation of the asset encumbered by existing mortgage debt. Subsequently, the firm disposed of three assets: a Vacaville, California government-leased property sold on July 15 for $2,475,000; a Chicago medical property sold on August 21 for $2,800,000 with net proceeds of approximately $1,365,000; and a portfolio of six Dollar General retail properties sold on August 21 for an aggregate price of $6,246,221, yielding net proceeds of $2,685,000. The filing includes unaudited pro forma financial statements reflecting these dispositions and the reacquisition. Generation Income Properties operates in the commercial real estate sector, specializing in single-tenant net-leased properties.