Tag: Cannabis REIT

Cannabis REIT Raises $300 Million Selling 5-Year Notes at 5.50%

Innovative Industrial Properties Prices Private Offering of 5.50% Senior Notes Due 2026 SAN DIEGO, May 19, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its...
- May 19th, 2021 at 4:20 pm

Cannabis REIT Launches $200 Million 5-Year Debt Offering

Innovative Industrial Properties Announces Launch of $200 Million Offering of Senior Notes Due 2026 SAN DIEGO, May 17, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today...
- May 17th, 2021 at 9:06 am

Cannabis REIT Revenue Increases 103% to $42.9 Million

Innovative Industrial Properties Reports First Quarter 2021 Results Acquisitions and Portfolio Performance Drive Q1 Y-O-Y Growth of 103% in Total Revenues, 122% in Net Income and 116% in AFFO...
- May 5th, 2021 at 4:43 pm

Harvest Taps REIT for $34.6 Million Sale-Leaseback

Harvest Health & Recreation Inc. Announces Sale Leaseback Transaction with Innovative Industrial Properties PHOENIX, Jan. 25, 2021 /PRNewswire/ — Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX: HRVSF),...
- January 25th, 2021 at 7:23 am

Cannabis REIT AFC Gamma Files NASDAQ IPO

Commercial real estate finance company AFC Gamma, founded in July, has filed an S-11 to go public on the NASDAQ as a REIT. The company, which expects to trade under...
- December 28th, 2020 at 1:07 pm

Subversive Capital to Become Second Publicly Traded Cannabis REIT

Subversive Real Estate Acquisition REIT LP Announces US$182.8 Million Qualifying Transaction to Become Publicly Traded Internally Managed Cannabis REIT US$182.8 Million Qualifying Transaction composed of 15 cannabis industrial and...
- October 7th, 2020 at 7:05 am

Private Cannabis REIT Raises Initial $80 Million

Advanced Flower Capital Announces the First Closing of its Cannabis Mortgage Real-Estate Investment Trust WEST PALM BEACH, Fla., Aug. 17, 2020 /PRNewswire/ — AFC Gamma Inc., a commercial-mortgage real-estate...
- August 17th, 2020 at 9:19 am

Cannabis REIT Raises Another $225 Million

Innovative Industrial Properties Upsizes and Prices Public Offering of Common Stock SAN DIEGO, June 30, 2020–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the upsize and...
- June 30th, 2020 at 7:27 am

IIPR Prices $100 Million Equity Offering

Innovative Industrial Properties Upsizes and Prices Public Offering of Common Stock SAN DIEGO-May 27, 2020-(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the upsize and pricing...
- May 27th, 2020 at 7:20 am

Cannabis REIT Triples Revenue in Q1 to $21.1 Million

Innovative Industrial Properties Reports First Quarter 2020 Results Acquisitions Drive 210% Q1 Total Revenues, 249% Q1 Net Income and 236% Q1 AFFO Growth Year-over-Year SAN DIEGO, May 06, 2020–(BUSINESS...
- May 6th, 2020 at 4:57 pm