Innovative Industrial Properties Announces New $100 Million Revolving Credit Facility to Support Strategic Growth
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP†or the "Company†) announced today that it has closed on a new $100 million secured revolving credit facility ("Credit Facility†) with a federally regulated commercial bank. "The successful closing of this credit facility supports our thesis that our recent investment in the life science industry should lead to both improved access to, and lower cost of, capital,†said Alan Gold, Executive Chairman of IIP. "Wi. ...