# Generation Income Properties

Generation Income Properties is an Asset Manager based in Tampa, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Tampa, United States
- **Region:** North America
- **Address:** Tampa, FL, United States
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** generationincomeproperties.com

## Regulatory record

- **Reports private funds:** No

## About

David Sobelman founded Generation Income Properties in 2015 as an internally managed real estate investment trust focused on acquiring single-tenant, net-leased commercial properties. The firm completed its initial public offering on the Nasdaq Capital Market in October 2021 under the ticker GIPR, raising capital from public equity investors rather than traditional institutional limited partners. The portfolio concentrates on necessity-based retail, industrial, and office assets leased to investment-grade or creditworthy tenants on long-term, triple-net bases. The firm's acquisition strategy targets properties occupied by tenants operating in defensive industries, including drugstores, dollar stores, and convenience retailers. Confirmed tenant relationships include Walgreens, Dollar General, and FedEx, with leases typically structured to pass operating expenses directly to the occupant. The portfolio spans multiple US states, with concentrations in the Southeast and select Midwest markets. Generation Income Properties acquires assets through both individual property transactions and small portfolio purchases. As a publicly traded micro-cap REIT with a market capitalization generally below $20 million since listing, the firm maintains a lean cost structure. The vehicle distributes taxable income to shareholders through monthly dividends, a feature marketed to retail yield investors. The firm periodically issues additional common and preferred equity to fund acquisitions, typical of externally growth-reliant small-cap REITs. The central structural distinction is that Sobelman opted for a Nasdaq listing rather than the traditional non-traded REIT distribution model or private ownership structure common among peer net-lease consolidators. That public-company posture subjects the vehicle to SEC reporting and shareholder voting, creating transparency uncommon among small private net-lease aggregators.

## Sectors

- Real Estate

## People

- David Sobelman — Founder, President and Chief Executive Officer

## Questions

### Who runs investment decisions at Generation Income Properties?

David Sobelman serves as Founder, President, and CEO and leads acquisition and portfolio strategy. He is supported by a small board of directors typical of an internally managed micro-cap REIT. The firm does not employ external advisors for investment decisions.

### Does Generation Income Properties distribute income to investors?

Yes. The firm pays monthly dividends to common and preferred shareholders. As a REIT, it is required to distribute at least 90% of taxable income annually. Dividend rates and coverage are disclosed in SEC filings.

## Related profiles

- [Clearmind Medicine](https://altss.com/profile/clearmind-medicine-inc)
- [Abits Group](https://altss.com/profile/abits-group-inc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/generation-income-properties-inc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology