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
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
Financial Institutions Investment Banking
Name:
Cliff Booth
Title:Managing Director, Head of Specialty Finance
Name:
JD Nelson
Title:Managing Director
Name:
John Putrino
Title:Managing Director, Head of Lodging and Leisure, Co-Head of Real Estate
Name:
Adam Markiewicz
Title:Executive Director
Name:
Brian Zhou
Title:Associate
Name:
Ethan MacKenzie
Title:Associate
Consumer Investment Banking
Name:
Michael Cella
Title:U.S Head of Consumer Investment Banking
Name:
Douglas Cameron
Title:Managing Director
Name:
Dana Getschow
Title:Director
Name:
Daniel Gross
Title:Analyst
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