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  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
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  "presentationDate": "2020-04-09 00:00:00",
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      "text": "Pictometry data also shows that the building has hardly changed at all from 2014 to 2018. We have strong suspicion that the sales price was significantly inflated for the IIPR deal.",
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      "text": "We are discounting the rent by 40% to 60% due to overpayment. We believe the previous purchase price of $1.05M is much more reflective of the value of the property and have adjusted 2020 rent accordingly.",
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