Innovative Industrial PropertiesIIPR
About: Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Employees: 22
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
15% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 101
0.56% more ownership
Funds ownership: 69.76% [Q3] → 70.33% (+0.56%) [Q4]
5% less call options, than puts
Call options by funds: $26.3M | Put options by funds: $27.6M
17% less funds holding
Funds holding: 410 [Q3] → 340 (-70) [Q4]
49% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 107
50% less capital invested
Capital invested by funds: $2.66B [Q3] → $1.33B (-$1.33B) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Roth MKM Scott Fortune 29% 1-year accuracy 5 / 17 met price target | 79%upside $130 | Buy Maintained | 21 Feb 2025 |
Compass Point Merrill Ross 64% 1-year accuracy 7 / 11 met price target | 7%upside $78 | Neutral Downgraded | 20 Dec 2024 |
Alliance Global Partners Aaron Grey 0% 1-year accuracy 0 / 4 met price target | 79%upside $130 | Buy Initiated | 17 Dec 2024 |
Financial journalist opinion
Based on 369 articles about IIPR published over the past 30 days


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





