Generation Income Properties extends Loci preferred equity redemption to Sep. 30, 2026
Generation Income Properties amended the LLC Agreement for GIP VB SPE to extend the mandatory redemption date for the Loci preferred equity to September 30, 2026. It received a payoff letter setting the total redemption amount at $4,231,754.
Generation Income Properties amended the LLC Agreement for GIP VB SPE to extend the mandatory redemption date for the Loci preferred equity to September 30, 2026, and received a payoff letter from Loci Capital setting the total redemption amount at $4,231,754.
The payoff covers the remaining prefer…