Financing ·
Generation Income Properties redeems $4.2M preferred equity liability from LC2-NNN Pref, LLC
GIPRGeneration Income Properties, Inc.
Generation Income Properties redeemed its remaining preferred equity investment held by LC2-NNN Pref, LLC for $4,160,217 on September 24, 2026. The redemption was funded principally with net proceeds from a warrant exercise transaction completed in September 2026. This action removes the approximately $4.2 million liability from the balance sheet, simplifying the capital structure and improving financial flexibility. The company maintains 100% portfolio occupancy and is focused on Nasdaq compliance through sustained market support rather than a reverse stock split. Generation Income Properties operates as an internally managed real estate investment trust acquiring single-tenant net lease properties.