IIPR
Innovative Industrial Properties, Inc.·Real Estate
58.02
1.674%(+0.95)
Market OpenLast Updated: — ET
52W L: $44.5852W H: $61.40
IIPR NEWS
gurufocus.com
23h ago
Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026,
businesswire.com
23h ago
Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026, satisfying a significant public debt maturity for the Company. The repayment was completed through cash on hand, availability under the Company's revolving credit facilities and proceeds from recently closed term loans. “Repaying this bond maturity represents a meaningful milestone for IIP, which reflects the s.
seekingalpha.com
2d ago
Innovative Industrial Properties: Dual Beats And Fat Dividend Yield From Most Undervalued REIT
Innovative Industrial Properties is undervalued, trading at 8x 2026 annualized first-quarter NFFO versus peers at 14.37x. IIPR's 13.32% dividend yield is not currently covered, but ongoing tenant default resolutions and new leases are expected to improve NFFO coverage and support the payout. Recent leasing momentum and increased payments from defaulted tenants underpin sequential revenue growth, with second-quarter revenue likely to exceed $70 million.
marijuanastocks.com
6d ago
Cannabis REITs Gaining Momentum in 2026: 3 Stocks to Watch
The cannabis sector continues attracting investors in 2026. However, many traders now prefer cannabis REITs over traditional marijuana stocks. These companies offer exposure to the industry while also generating income through dividends. Additionally, cannabis REITs typically exhibit lower volatility than many cannabis operators.
businesswire.com
May 20
Innovative Industrial Properties Announces Closing of $45 Million in Secured Term Loans
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on four secured term loans totaling $44.9 million in gross proceeds (the “Loans”). The Loans have an initial term of five years, bear interest at a fixed rate of 6.67% and are secured by certain properties of the Company. The proceeds from the Loans are expected to be used to pay off the Company's unsecured notes that are maturing at the end of this month. “This financing reflects.
marketbeat.com
May 10
Innovative Industrial Properties Q1 Earnings Call Highlights
Innovative Industrial Properties NYSE: IIPR reported first-quarter 2026 revenue of $69 million and adjusted funds from operations of $53.4 million, or $1.88 per share, as executives said the company is working to stabilize its cannabis real estate portfolio, refinance a near-term bond maturity and position itself for growth amid changes in federal cannabis policy.
