Generation Income Properties units secure $3.8 million term loan from Hancock Whitney Bank

• Generation Income Properties entered a $3.8 million term loan with Hancock Whitney Bank on May 1, 2026 to refinance existing mortgage debt on two properties previously financed by Valley National Bank.
• The loan carries a fixed 5.7% interest rate with monthly payments of $23,986.17 starting June 1, 2026.
• It matures May 1, 2031, based on a 25-year amortization schedule, with no prepayment penalty.
• Collateral includes first-priority liens on properties in Sanford, Florida and Cleveland, Tennessee, backed by rent and lease assignments.
• The agreement requires a minimum 1.15x debt service coverage ratio, measured annually on net operating income from the collateral properties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Generation Income Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-237015), on May 22, 2026, and is solely responsible for the information contained therein.