Such was the situation with marijuana real estate investment trust (REIT) Innovative Industrial Properties ( IIPR -0.95%) in ...

Innovative Industrial Properties faces significant tenant issues, notably PharmaCann's rent default. Read why IIPR stock is ...

Innovative Industrial Properties (NYSE:IIPR) closed 2024 among the worst performers in the cannabis REIT industry, trailing ...

NYSE:IIPR) Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm ...

Alliance Global Partners downgraded shares of Innovative Industrial Properties (NYSE:IIPR – Free Report) from a strong-buy ...

Innovative Industrial Properties shares slid Thursday after the company said one of its tenants defaulted on its leases at 11 properties. The stock lost almost a quarter of its value to $73.15 in ...

In this article, we are going to take a look at where Innovative Industrial Properties, Inc. (NYSE:IIPR) stands against the other REIT dividend stocks. In the United States, real estate investment ...

The default is significant for Innovative Industrial Properties as the PharmaCann properties represented 17% of the company's revenue in the third quarter and the first three quarters of 2024.

Innovative Industrial Properties had a return on equity of 8.44% and a net margin of 52.51%. The firm had revenue of $76.53 million during the quarter, compared to analyst estimates of $77.30 million.

“IIPR has dropped nearly 50%, creating a compelling opportunity with a 10.8% dividend yield,” added SA analyst Yiannis Zourmpanos in “How Fear Is Boosting Innovative Industrial Properties ...