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  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
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  "authorName": "Grizzly Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-09 00:00:00",
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  "notes": "Includes a screenshot of a warranty deed as evidence of the transaction.",
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      "text": "Discounted 2020’s rent by 58% due to evidence provided by historical google earth photos. We find it hard to believe a complete building was built within 34 days.",
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      "text": "yield: 15.75%",
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      "text": "The property was previously purchased from Buddy Holding Company LLC on 09/11/2013 for $1.86M.",
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      "text": "Denver CO The Green Solution\nCore Issue:\nOverpayment\nTransaction details:\nIIPR purchased a property from Speidell Real Estate Group LLC on 10/31/2018 for $11.25M.",
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      "text": "Discounted 2020’s rent by 58% due to evidence provided by historical google earth photos. We find it hard to believe a complete building was built within 34 days.",
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      "text": "Independent due diligence:\nAccording to deed records, IIPR purchased the property from Speidell Real Estate Group LLC on 10/31/2018 for $11.25M.",
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      "text": "Address:\nWe identify the address to be 5305 Steele Street, Denver, CO.\nInitial Terms:\nWe estimate 2020 rent to be $1.8M, representing a 15.75% yield.",
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