GIPR sold multiple net-leased properties and raised millions, but paid $600,000 to reacquire a D.C. asset and recorded a $185,069 loss, leaving the company roughly balanced.
The company converted several properties to cash while buying back one D.C. property. The sales raised a few million dollars, but the buyback cost $600,000 and a $185,069 loss was recorded. Those facts pull in opposite directions, so I read the filing as not changing GIPR's position materially.
Dollar General-occupied stores were sold by their landlord; leases and store operations are unchanged in the filing, so the sales do not alter Dollar General's business.
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