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  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-09 00:00:00",
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  "notes": "Includes a bear logo, suggesting a short-seller research report.",
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      "text": "More disturbingly, this property value has been hugely inflated. According to deed records, the property transaction price has gone up from $930,000 to $4.8M in merely a week.",
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      "text": "transaction price: $4.8M",
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      "text": "We suspect the property is months away from being ready to use, and question why the tenant would pay rental income on an empty warehouse, or how IIPR could charge rental income on such property.",
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      "text": "More disturbingly, this property value has been hugely inflated. According to deed records, the property transaction price has gone up from $930,000 to $4.8M in merely a week. We also see it being priced at a significant premium compared to the county’s assessment.",
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      "text": "Source: County deed records",
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      "text": "Previous Year Information table showing MBOR Assessed, Final SEV, and Final Taxable values for 2017-2019.",
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