News & Media

Tampa REIT Launches $20M IPO

Generation Income Property’s launch was announced in today’s Tampa Bay Business Journal.

“The U.S. Securities and Exchange Commission approved the sale of shares to the public through its Regulation A+ initiative, which has been described as an IPO-lite and stems from new rules in the Jumpstart Our Business Startups (JOBS) Act. Reg A+ provides access to capital for small and medium-size companies that would not be able to afford the cost of a full-blown IPO and that want to allow non-accredited investors to buy shares.

Generation Income Properties is the first REIT to file with the SEC under Reg A+, a press release said.”

Read the complete article on the Tampa Bay Business Journal site.

GIPTampa REIT Launches $20M IPO
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Generation Income Properties Goes Public Under Reg A+ for REIT Offering; Shares Available to General Market

Generation Income Properties, Inc., a net lease real estate investment trust (REIT), announced today it has been approved by the Securities and Exchange Commission (SEC) to sell shares to the general public through its Regulation A+ initiative as the next phase in the company’s fundraising strategy.

Generation Income Properties is the first REIT to file with the SEC under Regulation A+, which took effect in June. The company is now accepting investments from investors, including investors committed to become early investors in the newest net lease REIT; the company intends to be listed on the over-the-counter OTCQB marketplace following the close of the offering.

Generation Income Properties intends to invest only in the top 20 highest density U.S. cities, as the company focuses on assembling, what the Company believes, will be the highest quality portfolio of net lease assets. The Company believes its strategies of focusing on the real estate as well as a low leveraged approach to acquiring properties clearly differentiates itself from its colleagues in the same industry as well as other public net lease REITs.

David Sobelman, the company’s founder and CEO, believes the conservative nature of the investments, as well as the cautious underwriting that will be used for each asset, will cause the aggregate value of the portfolio to increase as the REIT continues to grow.

About Generation Income Properties

Generation Income Properties was founded by CEO David Sobelman, a veteran net lease investment real estate broker. Mr. Sobelman is also the co-founder of Calkain Companies, one of the nation’s leading triple net lease investment brokerage firms. Calkain has been involved with more than $11 billion in net lease transactions.

Generation Income Properties purchases assets with future generations in mind. The REIT was established to take the proven and scalable concept of investing in net lease investment properties and applying fundamental real estate underwriting as its core principle. The decision to go public under Regulation A+ is part of the company’s mission to take a lean approach to structuring its business, but under a framework that provides transparency and access to the general public to invest.

Generation Income Properties’ conservative strategy is to acquire assets with credit-worthy, long term tenants with great underlying real estate. The company intends to provide long-term stable yields to its investors, with a focus on real estate that has the best chances of future appreciation either through the value of the assets or growth through lease rental rate increases. The single-tenant, net-leased investments that the company identifies are typically freestanding office, retail, or industrial buildings with existing leases of 10 to 25 years.

Legal Disclaimer

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of any such state or jurisdiction.

This press release may contain forward-looking statements, which include, but are not limited to, statements concerning the Company and our plans and projections. You should not rely upon forward-looking statements as predictions of future events. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, as more fully described in the Offering Circular. In light of such risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements.

GIPGeneration Income Properties Goes Public Under Reg A+ for REIT Offering; Shares Available to General Market
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Two Ways Crowdfunding Can Boost Your Real Estate Business

Generation Income Properties CEO, David Sobelman, talked with National Association of Realtors to explain the new rule from the Securities and Exchange Commission (SEC) that allows companies to sell securities through crowdfunding.

“Right now, when you think of crowdfunding, you might think of tech start-ups using the Internet to bypass Wall Street to reach hundreds or thousands of small investors. The SEC rule that comes out in late January will build on this framework by standardizing the rules of the road. The idea is to increase the transparency of the offering and set limits on how much one individual can invest, among other things. That opens the door to companies that might otherwise balk at crowdfunding to give it a try.”

“We are the first REIT to file under Regulation A+,” said Sobelman. “This allows us to start a public company that is tradable and transparent without as much expense and with more efficiency than other public companies starting out.”

See the article at Realtor.org and watch the video to see David’s interview.

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New Tampa REIT Plans to Raise $20 Million

Generation Income Properties was featured in a Tampa Bay Business Journal story to announce the launch.

A newly formed real estate investment trust in Tampa founded and led by a veteran broker has launched a $20 million capital raise.

Generation Income Properties is focused on acquiring commercial retail, office and industrial properties in major U.S. markets. The company’s chairman and president is David Sobelman 

Read the complete article on the Tampa Bay Business Journal site.

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