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Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ
Innovative Industrial PropertiesInnovative Industrial Properties(US:IIPR) Businesswire·2025-10-02 06:23

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP†or the "Company†), announced today that it has closed its initial investment into IQHQ, Inc. ("IQHQ†), a premier life science real estate platform. The initial investment totaled 105millionandwascomprisedofa105 million and was comprised of a 100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the. ...