• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ

    10/1/25 6:23:00 PM ET
    $IIPR
    Real Estate
    Finance
    Get the next $IIPR alert in real time by email

    Transaction Expected to Generate Significant Earnings Accretion for IIP Shareholders

    Innovative Industrial Properties, Inc. (NYSE:IIPR) ("IIP" or the "Company"), announced today that it has closed its initial investment into IQHQ, Inc. ("IQHQ"), a premier life science real estate platform. The initial investment totaled $105 million and was comprised of a $100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the Company's revolving credit facility. Pro forma for this investment, the Company's remaining IQHQ commitments total up to $165 million of preferred stock, which is expected to be funded in multiple tranches between the fourth quarter of 2025 and the second quarter of 2027.

    "IIPR is pleased to continue to deploy capital in a highly accretive way for the benefit of shareholders. This is our first investment outside of the cannabis industry, providing diversification to our current portfolio of over $2 billion of real estate," said Alan Gold, Executive Chairman of IIP. "We look forward to continuing to capitalize on the attractive, long-term strength of the life science industry and maximizing our returns on our existing portfolio."

    In addition, the Company is pleased to announce it has received a commitment from a federally regulated commercial bank for a three-year, $100 million secured revolving credit facility (the "Secured Revolving Credit Facility"). The Secured Revolving Credit Facility is priced at one-month SOFR + 200 basis points (6.1% based on rates as of September 30, 2025) that is secured by the Company's IQHQ investment. The closing of the Secured Revolving Credit Facility remains subject to the negotiation and execution of definitive documentation and customary closing conditions, and is expected to close in the fourth quarter of 2025.

    About Innovative Industrial Properties

    Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Additional information is available at www.innovativeindustrialproperties.com.

    This press release contains statements that IIP believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts are forward-looking statements. When used in this press release, words such as IIP "expects," "intends," "plans," "estimates," "anticipates," "believes" or "should" or the negative thereof or similar terminology are generally intended to identify forward-looking statements, and they include, but are not limited to, statements regarding the IIP's future investments in IQHQ and the timing and funding of such investments and the expected closing of IIP's Secured Revolving Credit Facility and the terms thereof. These forward-looking statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Factors that could cause results to differ from those projected or assumed in any forward-looking statement include, but are not limited to, the risk factors discussed in the Company's most recent Annual Report on Form 10-K for the year ended December 31, 2024, as updated by the Company's subsequent reports filed with the Securities and Exchange Commission. Investors should not place undue reliance upon forward-looking statements. IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20251001578485/en/

    Company Contact:

    David Smith

    Chief Financial Officer

    Innovative Industrial Properties, Inc.

    (858) 997-3332

    Get the next $IIPR alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $IIPR

    DatePrice TargetRatingAnalyst
    7/2/2025Outperform → Peer Perform
    Wolfe Research
    4/23/2025$57.00Outperform
    Wolfe Research
    3/31/2025$61.00 → $50.00Neutral → Sell
    Compass Point
    12/23/2024Buy → Neutral
    BTIG Research
    12/20/2024$118.00 → $70.00Neutral → Underweight
    Piper Sandler
    12/20/2024$125.00 → $78.00Buy → Neutral
    Compass Point
    12/17/2024$130.00Buy
    Alliance Global Partners
    11/8/2024$125.00Neutral → Buy
    Compass Point
    More analyst ratings

    $IIPR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Boyle David Gerard was granted 2,796 shares, increasing direct ownership by 1,804% to 2,951 units (SEC Form 4)

    4 - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Issuer)

    6/13/25 5:00:45 PM ET
    $IIPR
    Real Estate
    Finance

    SEC Form 4 filed by Director Shoemaker Scott

    4 - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Issuer)

    6/13/25 4:55:28 PM ET
    $IIPR
    Real Estate
    Finance

    Director Kreitzer Gary A was granted 3,495 shares, increasing direct ownership by 8% to 47,453 units (SEC Form 4)

    4 - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Issuer)

    6/13/25 4:51:02 PM ET
    $IIPR
    Real Estate
    Finance

    $IIPR
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ

    Transaction Expected to Generate Significant Earnings Accretion for IIP Shareholders Innovative Industrial Properties, Inc. (NYSE:IIPR) ("IIP" or the "Company"), announced today that it has closed its initial investment into IQHQ, Inc. ("IQHQ"), a premier life science real estate platform. The initial investment totaled $105 million and was comprised of a $100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the Company's revolving credit facility. Pro forma for this investment, the Company's remaining IQHQ commitments total up to $165 million of prefe

    10/1/25 6:23:00 PM ET
    $IIPR
    Real Estate
    Finance

    Innovative Industrial Properties Declares Third Quarter 2025 Dividends

    Innovative Industrial Properties, Inc. (NYSE:IIPR) ("IIP" or the "Company"), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a third quarter 2025 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 $1.0 billion in common stock dividends to its shareholders. Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP's 9.00% Series A Cumulative Redeemable Preferred Stock. The dividends a

    9/15/25 6:55:00 AM ET
    $IIPR
    Real Estate
    Finance

    Innovative Industrial Properties Announces Strategic and Diversifying $270 Million Investment in Life Science Real Estate Platform

     Transaction Expected to Generate Significant Earnings Accretion for IIP Shareholders Positions IIP to Benefit from Long-Term Strength of Life Science Industry, Where IIP Management Has Decades of Combined Experience Innovative Industrial Properties, Inc. (NYSE:IIPR) ("IIP" or the "Company"), announced today that it entered into agreements to make an investment totaling up to $270 million into IQHQ, Inc. ("IQHQ"), a premier life science real estate platform with over $5 billion in total assets. The investment (the "Investment," "Transaction," or "Investment Transaction") is comprised of two discrete investments that together are expected to earn a weighted average interest rate of gr

    8/6/25 4:42:00 PM ET
    $IIPR
    Real Estate
    Finance

    $IIPR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Innovative Industrial Properties downgraded by Wolfe Research

    Wolfe Research downgraded Innovative Industrial Properties from Outperform to Peer Perform

    7/2/25 7:47:48 AM ET
    $IIPR
    Real Estate
    Finance

    Wolfe Research resumed coverage on Innovative Industrial Properties with a new price target

    Wolfe Research resumed coverage of Innovative Industrial Properties with a rating of Outperform and set a new price target of $57.00

    4/23/25 8:16:56 AM ET
    $IIPR
    Real Estate
    Finance

    Innovative Industrial Properties downgraded by Compass Point with a new price target

    Compass Point downgraded Innovative Industrial Properties from Neutral to Sell and set a new price target of $50.00 from $61.00 previously

    3/31/25 8:11:36 AM ET
    $IIPR
    Real Estate
    Finance

    $IIPR
    SEC Filings

    View All

    Innovative Industrial Properties Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Filer)

    10/2/25 4:10:56 PM ET
    $IIPR
    Real Estate
    Finance

    Innovative Industrial Properties Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Filer)

    8/12/25 4:06:51 PM ET
    $IIPR
    Real Estate
    Finance

    SEC Form 10-Q filed by Innovative Industrial Properties Inc.

    10-Q - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Filer)

    8/7/25 4:52:11 PM ET
    $IIPR
    Real Estate
    Finance

    $IIPR
    Financials

    Live finance-specific insights

    View All

    Innovative Industrial Properties Declares Third Quarter 2025 Dividends

    Innovative Industrial Properties, Inc. (NYSE:IIPR) ("IIP" or the "Company"), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a third quarter 2025 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 $1.0 billion in common stock dividends to its shareholders. Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP's 9.00% Series A Cumulative Redeemable Preferred Stock. The dividends a

    9/15/25 6:55:00 AM ET
    $IIPR
    Real Estate
    Finance

    Innovative Industrial Properties Reports Second Quarter 2025 Results

    Repurchased $20 Million of Common Stock and Maintained Strong Liquidity Exceeding $190 Million Innovative Industrial Properties, Inc. (NYSE:IIPR) ("IIP" or the "Company"), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Financial Results and Dividend Generated total revenues of $62.9 million and net income attributable to common stockholders of $25.1 million, or $0.86 per share (all per share amounts in this press release are reported on a diluted basis unless otherwise noted). Recorded adjusted funds from opera

    8/6/25 4:35:00 PM ET
    $IIPR
    Real Estate
    Finance

    Innovative Industrial Properties Announces Second Quarter 2025

    Earnings Release Date and Conference Call Innovative Industrial Properties, Inc. (IIP) (NYSE:IIPR) announced today it will report its second quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, August 6, 2025. Alan Gold, Executive Chairman; Paul Smithers, President and Chief Executive Officer; David Smith, Chief Financial Officer; Catherine Hastings, Chief Operating Officer; and Ben Regin, Chief Investment Officer, will host an investor conference call at 9:00 a.m. Pacific Time on Thursday, August 7, 2025, to discuss the company's financial results and operations for the quarter. The call will be available through a live audio webcast at the I

    8/1/25 6:55:00 AM ET
    $IIPR
    Real Estate
    Finance

    $IIPR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Innovative Industrial Properties Inc. (Amendment)

    SC 13G/A - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Subject)

    2/13/24 4:44:36 PM ET
    $IIPR
    Real Estate
    Finance

    SEC Form SC 13G/A filed by Innovative Industrial Properties Inc. (Amendment)

    SC 13G/A - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Subject)

    1/30/24 10:15:09 AM ET
    $IIPR
    Real Estate
    Finance

    SEC Form SC 13G/A filed by Innovative Industrial Properties Inc. (Amendment)

    SC 13G/A - INNOVATIVE INDUSTRIAL PROPERTIES INC (0001677576) (Subject)

    1/19/24 2:40:51 PM ET
    $IIPR
    Real Estate
    Finance