A+ for strategy

Tampa commercial real estate broker David Sobelman, a national expert in net leases, where the tenant pays some or all property expenses, in addition to rent, senses a shift in the niche market.

In an effort to get ahead of that shift, Sobelman seeks to raise $20 million for a new Real Estate Investment Trust, Tampa-based Generation Income Properties. Shares are being offered at $5 each, and there is no minimum purchase. The REIT is one of the first nationwide to successfully file under the Securities and Exchange Commission's Regulation A+, according to a statement. The new regulations, under the 2012 federal JOBS Act, allow for what's essentially a mini-IPO.

Sobelman's strategy with Generation Income is to zig where others in commercial real estate zag. That particularly goes for competitors who might have over-reached in the current market rebound, and are too short-term focused.