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      "text": "Permit Details: PB19-1344",
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      "text": "We are discounting the lease due to overpayment, reflecting an adjustment of 60%. We believe $705,500 is a much better estimate for the value of the property, due to it being an empty parcel of land at the time of purchase.",
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      "text": "IIPR purchased a property from Green Peak Industries on 11/01/2019 for a price of $2.225M. We estimate 2020 rent for this property to be $364,139, representing a yield of 15.23%.",
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      "text": "According to deed records, prior to the property being sold to IIPR for $2.225M on 11/01/2019, Green Peak Industries purchased it from RLJFC LLC for $550,000 on 03/04/2019.",
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