Harter Secrest & Emery Advises Maxim Group on $15 Million Offering and Uplisting of Generation Income Properties, Inc.

Harter Secrest & Emery LLP, a full-service business law firm with offices throughout New York, represented Maxim Group LLC in an underwritten initial public offering and Nasdaq uplisting of Generation Income Properties, Inc. (GIP), a real estate investment corporation based in Tampa, Florida that intends to elect to be taxed as a real estate investment trust (REIT). The offering of 1,500,000 units at a price to the public of $10 per unit, which raised total gross proceeds of approximately $15 million (before underwriting discounts, commissions, and estimated offering expenses), closed on September 8, 2021.

The team advising Maxim Group included Securities and Capital Markets attorneys Alexander R. McClean, Margaret K. Rhoda, and Thomas H. Tierney, and Real Estate attorney Ninteretse Jean Pierre.

Maxim Group LLC, a leading full-service investment banking, securities and wealth management firm headquartered in New York, NY, provides a full array of financial services to a diverse range of corporate clients, institutional investors, and high net worth individuals. GIP is an internally managed real estate investment corporation formed to acquire and own a diversified portfolio of real estate investments focused on retail, office, and industrial net lease properties located primarily in major and coastal U.S. cities.

Harter Secrest & Emery is recognized as a leader in the securities and capital markets industry. With 10 attorneys devoted to practicing securities and capital markets law in western New York state, we bring a depth and breadth of experience unmatched in the region. The firm has represented issuers and underwriters in over 60 public offerings, with clients ranging from businesses seeking start-up capital to Fortune 500 companies. The firm’s securities practitioners assist clients with private and public offerings of securities, ongoing regulatory compliance and reporting, proxy solicitations, tender offers, and securities litigation and arbitration before the Securities and Exchange Commission, NYSE, Nasdaq, FINRA, and state and federal courts.

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