GENERATION INCOME PROPERTIES, INC. 8-K

What Happened

• Generation Income Properties, Inc. (GIPR) filed an 8-K (Feb 19, 2026) disclosing that an indirect subsidiary, GIPVA 2510 Walmer Ave., LLC (the Borrower), entered into a Promissory Note dated February 12, 2026 for $125,000 payable to QCCR Investments, LLC (the Lender).
• The loan proceeds will be used to fund costs associated with the Company’s appeal of Nasdaq Staff’s decision to deny continued listing on the Nasdaq Capital Market.

Key Details

• Loan amount: $125,000; Promissory Note date: February 12, 2026.
• Interest and fees: 12% per annum interest plus a 3% origination fee; all principal and accrued interest due 9 months from the Note date or earlier upon sale of the Borrower’s real estate (2510 Walmer Ave).
• Security and guarantee: Note is guaranteed by Generation Income Properties, LP (the operating partnership) and secured by 100% of the Guarantor’s equity interest in the Borrower.
• Related party: Lender QCCR Investments, LLC is an affiliate of Richard D. Russell, a Company director; the Note may be repaid early without penalty.

Why It Matters

• The company has taken on a short-term, high-interest affiliated loan to cover legal/appeal expenses tied to its Nasdaq listing status. This creates a direct financial obligation for the company’s consolidated group and places a lien on the operating partnership’s equity in the subsidiary.
• Investors should note the cost (12% interest + 3% fee), the short 9-month maturity, and the related-party nature of the loan when assessing near-term cash needs, balance sheet risk, and governance disclosures.