Innovative Industrial Properties Inc: Material agreement
Innovative Industrial Properties entered into an agreement to provide up to $245.0 million in mezzanine loan financing for a life science campus in Cambridge, Massachusetts.
Positive for the companyWhat happened
- IIP Life Science Investments II LLC entered into the Sixth Amendment to the Loan Agreement to provide up to $245.0 million under a new mezzanine promissory note for Alewife Park.
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