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The latest trading day saw Innovative Industrial Properties (IIPR) settling at $52.4, representing a -1.5% change from its previous close.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its third quarter 2026 results after the close of trading on the New York Stock Exchange on Monday, November 2, 2026.Management will host an investor conference call at 9:00 a.m. Pacific Time on Tuesday, November 3, 2026, to discuss the company's financial results and operations for the quarter.The call will be available through a live audio webcast at the Investor Relations secti.
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Innovative Industrial Properties, Inc. (the âCompanyâ) (NYSE: IIPR) announced today the pricing of an underwritten public offering of 2,000,000 shares of it
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of an underwritten public offering of 2,000,000 shares of its 9.25% Series B Cumulative Redeemable Preferred Stock, par value $0.001 per share (the “Series B Preferred Stock”), at a price of $25.00 per share, for gross proceeds of $50,000,000. The Company granted the underwriters of the offering a 30-day option to purchase up to an additional 300,000 shares of the Company'.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that it has commenced a public offering of its Series B Cumulative Redeemable Preferred Stock (“Series B Preferred Stock”). The Company expects to grant the underwriters a 30-day option to purchase additional shares to cover overallotments, if any. Currently no market exists for the Series B Preferred Stock. The Company plans to file an application to list the Series B Preferred Stock.
Innovative Industrial Properties has seen its dividend yield grow to 15% with adjusted FFO coverage expanding, despite recent tenant defaults and surging Treasury yields. IIPR's second-quarter revenue grew 0.7% year-over-year to $63.32 million, with adjusted FFO at $1.83 per share, supporting a 96.32% dividend coverage ratio. Parallel tenant default impacts 5.1% of base rent, but IIPR expects Florida market strength to aid re-tenanting and continues diversifying into life sciences.
Americold Realty Trust (NYSE: COLD - Get Free Report) and Innovative Industrial Properties (NYSE: IIPR - Get Free Report) are both real estate companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, dividends, risk and institutional ownership. Dividends Americold Realty Trust pays
The two pot companies had higher second-quarter profit. Their balance sheets are stronger than other companies in the sector.
Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today that it entered into definitive agreements to provide $245 million
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today that it entered into definitive agreements to provide $245 million under a new mezzanine loan commitment to affiliates of IQHQ, Inc. ("IQHQ") in connection with the completion, lease-up, tenant improvements and stabilization of Phase I of Alewife Park, a master-planned life science campus in Cambridge, Massachusetts (the "Investment"). The loan is secured by pledges of equity.
Innovative Industrial Properties (IIPR) closed the most recent trading day at $54.51, moving 1.27% from the previous trading session.
Innovative Industrial Properties, Inc. (NYSE: IIPR - Get Free Report) declared a quarterly dividend on Tuesday, September 15th. Investors of record on Wednesday, September 30th will be given a dividend of $1.90 per share on Thursday, October 15th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 13.7%. The ex-dividend date
Innovative Industrial Properties remains a high-risk, high-reward REIT, rated hold due to persistent tenant defaults and elevated dividend cut risk. Q2 revenue and AFFO declined sequentially, driven by additional tenant defaults, with AFFO coverage of the dividend remaining insufficient on a nominal basis. IIPR is transitioning into the life science sector, targeting a 14% yield on new investments, while actively recycling capital from property sales.
REITs have evolved into a larger, more diversified, and better-capitalized asset class, now less sensitive to Treasury yields than in prior cycles. Modern REITs feature lower leverage (34.4% debt), predominantly fixed-rate, long-maturity debt, and strong liquidity, supporting resilience amid higher rates. Supply constraints and rising replacement costs create durable moats for select REIT sectors, especially those with HALO (Heavy Assets, Low Obsolescence) characteristics.
Innovative Industrial Properties (IIPR) reached $55.62 at the closing of the latest trading day, reflecting a -1.44% change compared to its last close.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a third quarter 2026 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.2 billion in common stock dividends to its shareholders. Additionally, IIP announced today that its board of directors has declared a regular quarterly div.
Essential Properties Realty Trust offers a compelling blend of diversification, income, safety, and growth, with its largest tenant at just 3.1% of base rent. Diversification reduces tenant-specific risk, but quality of tenants, lease coverage, and disciplined capital allocation are critical for durable, repeatable AFFO-per-share growth. Concentrated REITs like PSTL or GLPI may deliver higher yields and faster growth but carry materially higher risk premiums due to tenant or sector concentration.
Innovative Industrial Properties (IIPR) reached $56.25 at the closing of the latest trading day, reflecting a +1.17% change compared to its last close.