- The management team at IIPR continues to make acquisitions nationwide, now controlling 21 different properties.
- Its long-term contracts, high yield on assets, and attractive AFFO conversion are all reasons to like the firm.
- Shares are pricey right now, but if management can deploy its extra capital wisely, the numbers will come back down to earth.
- Add to this the prospect of using its pricey shares to grow, and there could be some nice upside for shareholders long term.
Source: Innovative Industrial Properties Keeps Creating Opportunities
