Innovative Industrial Properties Announces Closing of Initial Investment Into IQHQ
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 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. ...