Innovative Industrial Properties, Inc. (IIPR) Tops Q3 EPS by 8c

Go back to Innovative Industrial Properties, Inc. (IIPR) Tops Q3 EPS by 8c

Innovative Industrial Properties Reports Third Quarter 2019 Results

November 6, 2019 5:55 PM EST

Acquisitions Drive 201% Q3 Rental Revenue, 314% Q3 Net Income and 270% Q3 AFFO Growth Year-over-Year

SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the quarter ended September 30, 2019.

Third Quarter 2019 Highlights

Financial Results and Financing Activity

IIP generated rental revenues of approximately $11.2 million in the quarter, representing a 201% increase from the prior years third... More