Generation Income Properties Announces Asset Sales and Pro Forma Financials

What Happened

• Generation Income Properties, Inc. (GIPR) filed an 8‑K (Sept. 21, 2026) disclosing the completion of several transactions: the reacquisition of a distribution center (the “DC Entity”) and the dispositions of the Dollar General Properties, the Fresenius Property, and the Vacaville Property (collectively, the “Transactions”).
• The filing attaches unaudited pro forma consolidated financial statements (Exhibit 99.1) showing the impact of these Transactions on the company’s balance sheet and results of operations for selected periods.

Key Details

• The DC reacquisition is documented in an Assignment of Limited Liability Company Interests and Termination Agreement dated June 16, 2026 (Exhibit 10.1). The filing states this reacquisition is already reflected in the Company’s historical condensed consolidated balance sheet as of June 30, 2026.
• Purchase and sale agreements for the dispositions were entered into in June 2026 (effective June 19 and June 22, 2026) with subsequent first amendments in July 2026 (Exhibits 10.2–10.5 list the related agreements and amendments).
• Exhibit 99.1 includes: an unaudited pro forma balance sheet as of June 30, 2026 (treating the dispositions as if they occurred on June 30, 2026) and unaudited pro forma condensed consolidated statements of operations for the six months ended June 30, 2026 and 2025 and for the year ended December 31, 2025 (treating Transactions as if they occurred on Jan. 1, 2026 or Jan. 1, 2025, as applicable).

Why It Matters

• The filing gives investors formal disclosure that GIPR has reduced part of its property portfolio through multiple dispositions while reacquiring a DC asset, and it provides pro forma financials to show how those moves affect the company’s balance sheet and operating results.
• The pro forma statements help investors compare historical results to a post‑transaction basis: the balance sheet reflects the dispositions as of June 30, 2026, while the income statements model the Transactions as if they had occurred at the start of the reporting periods specified.