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Generation Income Properties Priced, Nasdaq: GIPR

Internally managed net lease REIT focused on single-tenant commercial properties.

Industry: Real Estate

Latest Trade: $3.80 +0.03 (+0.8%)

First Day Return: -22.5%

Return from IPO: -62.3%

Industry: Real Estate

We are an internally managed Maryland corporation focused on acquiring and investing in net lease commercial retail, office and industrial properties located primarily in major cities in the United States, with an emphasis on the major coastal markets. We seek geographic diversity in our investments, although we view attractive opportunities as more important than geographic mix in our investment objectives. Although we are not currently a REIT, we intend to elect and qualify to be taxed as a REIT for federal income tax purposes in the year this offering concludes or such later date as is determined by our Board, and to conduct our operations so as to maintain that tax qualification. We are a self-advised and self-administered Maryland corporation that invests primarily in freestanding, single-tenant commercial retail, office and industrial properties net leased to investment grade tenants. We operate as a self-advised REIT because our President provides advisory and administrative services to us, and our business and investment decisions are made by our management who manage our day-to-day affairs. As of the date of this prospectus, we own six assets.
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IPO Data
IPO File Date 12/26/2019
Offer Price $10.00
Price Range $10.00 - $12.00
Offer Shares (mm) 1.5
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/02/2021
Offer Price $10.00
Price Range $10.00 - $12.00
Offer Shares (mm) 1.5
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Joseph Gunnar
Company Data
Headquarters Tampa, FL, United States
Founded 2015
Employees 5
Website www.gipreit.com

Generation Income Properties (GIPR) Performance