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16
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
17
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
18
Includes a screenshot of a municipal building permit record.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
19
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
20
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
23
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
25
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
28
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
29
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
32
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
34
DYME likely stands for 'Do Your Own Due Diligence' or similar research-note shorthand.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
35
Includes three separate deed record snippets with annotations calculating implied property values.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
36
The slide uses property records and GIS data to question the legitimacy of a cannabis operation's license vs. its actual activities.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
37
The slide uses a bear logo, likely indicating a short-seller research report.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
38
The slide uses legal document excerpts to suggest potential shell company activity or fraudulent transfer patterns.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
39
Includes a bear logo, suggesting a short-seller research report.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
40
Includes a screenshot of a warranty deed as evidence of the transaction.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
41
Includes screenshots of public records and tax assessment tables.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
42
Includes a bear logo in the top right corner.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
43
Includes a table of historical property sales records.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
44
The slide uses a bear icon, likely indicating a short-seller perspective.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
45
The slide uses a bear logo, likely indicating a short-seller research report.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
46
Includes a bear logo in the top right corner.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
47
Image file /tmp/legacy-images/5deacbabc940/slides/047.jpg not present on disk; unable to inspect.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
48
Includes excerpts from a property deed and valuation data tables.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
49
The slide includes four photos of the property and specific financial details regarding a 2019 transaction.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
50
Includes handwritten annotation regarding the effective date of the indenture.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
51
Includes Google Street View screenshots and investigator field notes.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
52
The slide contains two images: one showing the signage of the Iron Town Commerce Center and another showing a video player interface displaying the building exterior.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
53
Includes historical purchase price of $775,000 from 2007.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
54
Includes handwritten annotations on the deed document.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
55
The slide uses a 'bear' logo, suggesting a short-seller research note.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
56
Uses visual evidence to contradict potential claims of facility expansion or alteration.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
57
Includes a photo of the facility and a bear logo in the top right corner.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
58
The slide uses visual evidence (photos) to argue that the purchase price of $9M is an overpayment, suggesting a more accurate valuation of $5M.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
59
The slide presents two separate case studies (Maryland and Harrison Township, MI) to argue that IIPR overpaid for properties.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
60
The slide highlights a 'peculiarity' where a property appears to be sold before the seller officially owned it, based on deed dates.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
61
The slide uses legal notary blocks as evidence to contrast with the investigative finding regarding property valuation.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
62
The slide uses a bear logo, likely indicating a short-seller report.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
63
Includes a screenshot of a deed record database entry.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
64
The slide uses photographic evidence and satellite imagery to challenge the valuation narrative of a specific property transaction.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
65
Includes Google Street View imagery as evidence of property status.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
66
The slide uses a bear logo, likely indicating a short-seller research report.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
67
Uses deed tax formula to reverse-engineer property purchase price.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
68
Includes aerial imagery, historical tax assessment data, and a scenario-based discount analysis.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
69
Includes a visual comparison of satellite imagery to argue minimal property improvements were made.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
70
Includes excerpts from two deeds and confirmation of renovation investment.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
71
Includes site photos and financial terms of the IIPR property acquisition.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
72
Includes a screenshot of a public property search portal and textual details on lease terms.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
73
Includes photographic evidence of the site and signage.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
74
Includes property tax assessment data and sales history to support the overpayment thesis.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits
75
Includes a satellite image of the property and specific financial terms of the lease agreement.Innovative Industrial Properties, Inc. (IIPR) · Grizzly Research
Research note Short seller Beat · Expose Contradiction4 hits