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AFCG - Innovative Industrial: Owning The Toll-Collector For U.S. Cannabis
May, 27 2021 07:00 AM
AFC Gamma Inc
Yesterday, I interviewed Innovative Industrial Properties CEO Paul Smithers and CFO Catherine Hastings for iREIT on Alpha. Its recent bond offering crystalizes IIPR’s exceptional cost of capital, where the spreads are at all-time highs. In terms of the boring “yield on cost” metric, there’s no REIT that offers 35%, as far as I know. For further details see:
Innovative Industrial: Owning The Toll-Collector For U.S. Cannabis
Stock Information
Company Name:
AFC Gamma Inc
Stock Symbol:
AFCG
Market:
NASDAQ
Website:
afcgamma.com
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