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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": "We believe the previous purchase price of $2M just days prior to IIPR’s purchase to be more accurate value of the property.",
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      "text": "Discount Treatment: We believe the previous purchase price of $2M just days prior to IIPR’s purchase to be more accurate value of the property. This adjustment for overpayment represents a 50% discount to 20202 rent.",
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      "text": "Address: We identify the address to be at 10070 Harvest Park, Dimondale MI. Initial Terms: We estimate 2020 rent to be $2.5M, representing a 15.75% yield. Independent due diligence:",
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      "text": "Core Issue: None. Transaction details: IIPR purchased a property located at Dimondale MI comprising of 56,000 sq. ft. of industrial space on 08/02/2018 for a purchase price of $5.5M. IIPR is offering up to $5.3M for reimbursement for improvements.",
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