INNOVATIVE INDUSTRIAL PROPERTIES INC files 10-Q

Innovative Industrial Properties, Inc. (IIP) reported a net income of $32.8 million for the quarter ended March 31, 2026, a slight increase from $31.1 million in the prior year period, but faces substantial doubt about its ability to continue as a going concern due to a significant debt maturity in May 2026. The company is actively seeking to refinance or raise capital to address this obligation.