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Generation Income Properties extends $5.2M secured loan maturity to Oct 14, 2027

GIPRGeneration Income Properties, Inc.

Generation Income Properties amended its secured promissory note with Brown Family Enterprises LLC to extend the maturity date from October 14, 2026, to October 14, 2027. The outstanding principal balance is $5.2 million, bearing interest at a fixed rate of 9% per annum. No default exists under the agreement. Generation Income Properties operates in the real estate investment sector.

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