Innovative Industrial Properties Inc. (IIPR) Misses Q4 EPS by 16c

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Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2020 Results

February 24, 2021 4:16 PM EST

Acquisitions and Portfolio Performance Drive FY 2020 Y-o-Y Growth of 162% in Total Revenues, 191% in Net Income and 180% in AFFO

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 fourth quarter and year ended December 31, 2020, the fourth full year since IIP commenced real estate operations and completed its initial public offering in December 2016.

Full Year 2020 Highlights

Generated total revenues... More