Investment Banking
Joint Passive Bookrunner for Innovative Industrial Properties
October 19, 2026
Oppenheimer & Co. Inc. acted as Joint Passive Bookrunner to Innovative Industrial Properties (NYSE: IIPR) on its $50,000,000 Cumulative Redeemable Preferred Stock Offering. IIPR intends to use the net proceeds from the offering to fund all or a portion of its remaining unfunded commitment under its previously announced mezzanine loan investment in the life science industry and to use any remaining net proceeds to fund investments consistent with its investment strategy and for general corporate purposes.
Innovative Industrial Properties (NYSE: IIPR) is an internally managed real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities and financial investments in the life science industry.
Read the full press release here: Innovative Industrial Properties, Inc., Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock
Managing Director, Head of Specialty Finance
Managing Director
Managing Director, Head of Lodging and Leisure, Co-Head of Real Estate
Executive Director
Associate
Associate
U.S Head of Consumer Investment Banking
Managing Director
Director
Analyst
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