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Includes a table of property transactions and photographic evidence of site conditions.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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The slide uses public records to challenge the valuation or nature of a real estate transaction.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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Includes a screenshot of a municipal building permit record.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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The slide uses visual evidence to document site progress between December 2019 and March 2020.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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Image file /tmp/legacy-images/5deacbabc940/slides/020.jpg not present on disk; unable to inspect.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
21
The slide highlights a discrepancy in legal transfer methods between two entities (IIPR vs 3G Management) for the same property.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
22
The slide uses a snippet of a legal contract to argue that the rental terms are inflated, suggesting a hidden capital injection mechanism.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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Includes investigative findings on property ownership, appraisal, and operational status.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
24
Includes a screenshot of public property records to support the overpayment thesis.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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The slide uses visual evidence to challenge a corporate disclosure regarding tenant improvements.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
26
Includes a screenshot of a property location and references to specific deed records and entities.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
27
The slide uses property transaction data to imply potential self-dealing or questionable valuation practices by IIPR and Michael King.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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Includes a street view image of a property and financial analysis of purchase price vs. valuation.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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Includes a table of property records and a narrative argument questioning the valuation of the asset.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
30
The slide uses a bear icon, likely indicating a short-seller research note.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
31
The slide highlights a discrepancy between implied purchase prices and actual deed records, and provides a valuation adjustment for a portfolio.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
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Includes screenshots of county records and site photos.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
33
The slide presents a case study of a specific asset (Vireo) and justifies the valuation approach based on due diligence and financial risk assessment.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits