Form 8-K INNOVATIVE INDUSTRIAL For: May 19

Go back to Form 8-K INNOVATIVE INDUSTRIAL For: May 19

IIPR secures $20 million loan from Alliance Global Partners

May 22, 2026 4:14 PM EDT

Innovative Industrial Properties Inc. (NYSE: IIPR) entered into a $20 million term loan agreement with A.G.P./Alliance Global Partners on May 22, 2026, according to company filings.

The loan carries a 10% annual interest rate with monthly compounding, increasing to 18% during any default period. The facility matures on October 9, 2026, with weekly interest and principal payments beginning May 29,... More