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Innovative Industrial Properties launches Series B preferred stock offering

Innovative Industrial Properties commenced a public offering of Series B Cumulative Redeemable Preferred Stock and plans to grant underwriters a 30-day option to buy additional shares.

IIPR

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12:59:35 PM UTC
SquawkNews
Innovative Industrial Properties commenced a public offering of its Series B Cumulative Redeemable Preferred Stock and plans to list it on the NYSE as “IIPR Pr B.” Proceeds are intended for a mezzanine loan commitment, other investments, and general purposes.Material DetailsContext by AI AnalystThi…