Generation Income Properties refinances two properties with $3.8M loan at 5.70% fixed rate

Filed May 22, 2026 · Period ending May 1, 2026 · ~1 min read

Key Changes

• high

  Parent company and two subsidiaries provided unconditional guarantees for the full $3.8M loan, creating direct corporate liability if the property-owning subsidiaries default on payments.

  Item 1.01 verify on EDGAR →
• medium

  Two subsidiaries refinanced existing Valley National Bank mortgages with a new $3.8M term loan from Hancock Whitney Bank at 5.70% fixed rate, maturing May 2031 with monthly payments of $23,986.

  Item 1.01 verify on EDGAR →
• medium

  Loan secured by first-priority mortgages on properties in Sanford, Florida and Cleveland, Tennessee, with rent and lease assignments. Borrowers must maintain 1.15x debt service coverage ratio annually.

  Item 1.01 verify on EDGAR →