Innovative Industrial Properties Stock: A Millionaire Maker in the Making?
The big attraction right now with Innovative Industrial Properties (IIPR 0.52%) is likely to be its huge 10%+ dividend yield. That's a really high yield for a real estate investment trust (REIT). There are both opportunities and risks to examine here when considering whether or not this highly focused landlord is a millionaire maker in the making.What does Innovative Industrial Properties do?Innovative Industrial Properties is an industrial REIT, which means it owns physical properties with industrial purpo ...