Corporate Governance

David Sobelman serves as chairman of our Board and our President, Chief Executive Officer, Secretary, and Assistant Treasurer. He founded Generation Income Properties, Inc. after serving almost 13 years in different capacities within the net lease commercial real estate market. In June 2017, Mr. Sobelman started 3 Properties, a commercial real estate brokerage firm focused solely on the net lease market. Mr. Sobelman has held various roles within the single tenant, net lease commercial real estate investment market, including investor, asset manager, broker, owner, analyst and advisor. In 2005, David began working with Calkain Companies LLC, a real estate brokerage and advisory firm. During his tenure, Calkain grew from two employees to over 40, and became one of the leading single tenant, net lease firms in the country. Prior to Mr. Sobelman’s career in single tenant, net lease investments, he served as a member of The White House staff, and was subsequently appointed to work for the Secretary of the Department of Health and Human Services. Mr. Sobelman wrote The Little Book of Triple Net Lease Investing, a leading book on the single tenant, triple-net lease investment market, which is currently in its second edition. Mr. Sobelman is a featured speaker at conferences in the United States and abroad and has been quoted in articles in The Wall Street Journal, Forbes, Fortune and various regional real estate trade publications. Mr. Sobelman received a bachelor of science degree from the University of Florida and is an alumnus of the Harvard Business School Executive Education Real Estate Management Program. Mr. Sobelman is a board member for the University of Florida Foundation.

Stuart Eisenberg was appointed a board member on February 3, 2020. He recently retired from BDO USA, LLP where he was a partner in the real estate services group from July 1997 until June 2019. Mr. Eisenberg served as the firm’s national real estate and construction industry practice leader and a member of the firm’s international real estate and construction industry steering committee. His experience includes consulting in connection with the formation, structuring and development of REITs and real estate operating companies. He also provided financial reporting and due-diligence services in numerous initial and follow-on public offerings and in connection with the acquisition, financing and dispositions of commercial real estate. Mr. Eisenberg has a bachelor’s degree from Adelphi University and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. Mr. Eisenberg’s experience serving publicly-held companies brings to our Board of Directors a comprehensive understanding of public company operations, financial reporting, and corporate governance, as well as perspective regarding potential acquisitions.

Richard Russell is a highly respected financial executive and seasoned public company leader, nominated to serve as an independent director of the Company. Mr. Russell previously served as Chief Financial Officer of the Company from December 2019 through February 2022, providing critical financial oversight and guidance to the company as it navigated strategic growth and public market requirements.

Mr. Russell serves as Chief Financial Officer for a leading bitcoin and digital asset company, LM Funding America, Inc (NASDAQ: LMFA), where he as serviced as CFO since November 2017. Mr. Russell also served as Chief Financial Officer for Mission Health Communities from 2013 to 2016 and, before that, Mr. Russell served in a variety of roles for Cott Corporation from 2007 to 2013, including Senior Director of Finance, Senior Director of Internal Auditing, and Assistant Corporate Controller. Mr. Russell’s extensive professional experience with public companies includes his position as Director of Financial Reporting and Internal Controls for Quality Distribution a previously listed publicly held company traded on the Nasdaq Stock Market under the symbol “QLTY” and as Danka’s Director of Reporting from 2001 to 2004 a previously listed publicly held office imaging company traded on both the London Stock Exchange and the Nasdaq Stock Exchange (“DANKY”). Mr. Russell served from 2021 to 2024 as a director of SeaStar Medical Holding Corporation (Nasdaq: ICU), a medical technology company developing a platform therapy to reduce the consequences of hyperinflammation on vital organs. Mr. Russell earned his Bachelor of Science in accounting and a Master’s in tax accounting from the University of Alabama, a Bachelor of Arts in international studies from the University of South Florida, and a Master's in Business Administration from the University of Tampa. On March 1, 2020, Mr. Russell was appointed to the board of directors for Trident Brands Inc., a publicly held consumer products company traded on the OTC market under the symbol “TDNT”. Mr. Russell was also Chairman of the Hillsborough County Internal Audit Committee and had been a member of the Committee from September 2016 to April 2021. He was reappointed to the Committee in October 2021 until April 2024.

Timothy Murray has served as Founder and Chief Executive Officer of Luca NextGen Financial, a firm providing fractional CFO, accounting, and advisory services to startups and growing businesses, since May 2025. From May 2022 to May 2025, Mr. Murray served as Chief Financial Officer of Global Safety Management, Inc. (dba TotalSDS), a provider of chemical safety and compliance software solutions, where he oversaw financial reporting, budgeting, forecasting, and cash flow management and implemented financial systems and internal controls. From 2021 to 2022, Mr. Murray served as Financial Controller at The Stovall House Club, LLC, a private membership club in Tampa, FL. From 2020 to 2021, he served as Financial Controller at Riverside Recovery of Tampa, LLC, a healthcare services provider. Mr. Murray began his career in public accounting, including roles at RSM US LLP and Shores, Tagman, Butler & Company, P.A. Mr. Murray holds a degree from the Florida State University College of Business.

Matthew Stein is a real estate professional in Tampa, FL. From June 2023 to September 2025, he served as Chief Development Officer at Katz Capital Management, a private equity group based in Tampa, Florida. From August 2021 to June 2023, he served as Managing Director, Capital Markets at Lingerfelt, a commercial real estate investment company, where he was responsible for debt and equity capital markets activities. From February 2017 to August 2021, Mr. Stein served as Senior Vice President, REIT Lending Manager, at Raymond James Bank, where he oversaw a portfolio of more than $2 billion in loans. From April 2006 to February 2017, he served as Vice President of Real Estate Investment Banking at Raymond James, focusing on equity capital raising and strategic advisory assignments for real estate companies. Mr. Stein holds a Bachelor of Science in Finance from the University of Florida. Mr. Stein brings extensive experience in real estate capital markets, investment banking, and institutional real estate finance to the Board.

Jess Johnson has served as Chief Revenue Officer of Franklin Street, a commercial real estate advisory firm headquartered in Tampa, Florida, since July 2024. In this role, he leads firmwide client experience and growth initiatives across Franklin Street’s integrated real estate services, including oversight of training and development, new business programs, and data and cross-servicing efforts. From December 2022 to August 2024, Mr. Johnson served as Global Head of Enterprise Partnerships at HqO, a workplace experience and real estate technology platform, where he led the corporate occupier business spanning business development, marketing, product strategy, and partner channels. From January 2022 to December 2022, he served as Executive Vice President, Knowledge Cubed, at Savills North America, where he was responsible for go-to-market strategy for the firm’s real estate analytics platform for corporate occupiers. Earlier in his career, from April 2015 to January 2022, Mr. Johnson held senior roles with Savills focused on cross-border tenant advisory and portfolio strategy. Mr. Johnson holds a Master of Science in Real Estate and Bachelor of Science degrees in Business Administration (Finance, cum laude) and Journalism from the University of Florida. Mr. Johnson brings significant expertise in commercial real estate strategy, advisory services, and data-driven real estate decision-making to the Board.