Innovative Industrial Properties Inc. (IIPR) Tops Q2 EPS by 6c

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Innovative Industrial Properties Reports Second Quarter 2021 Results

August 4, 2021 4:30 PM EDT

Investments and Portfolio Performance Drive Q2 Y-O-Y Growth of 101% in Total Revenues, 124% in Net Income and 104% 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 quarter ended June 30, 2021.

Second Quarter 2021 and Subsequent Events Highlights

Financial Results and Financing Activity

Generated total revenues of approximately $48.9 million in the quarter, representing a 101%... More