Innovative Industrial Properties(IIPR) Seeking Alpha·2024-12-27 16:51Group 1 - Innovative Industrial Properties (NYSE: IIPR) has experienced a nearly 50% decline since the last coverage, primarily due to tenant issues, including the bankruptcy of PharmaCann, which has negatively impacted performance for the year [1] - Despite the recent downturn, the long-term investment case for IIPR remains strong, indicating potential recovery and growth opportunities in the future [1] Group 2 - The investment strategy focuses on GARP (Growth at a Reasonable Price) and value stocks, emphasizing high-quality businesses with strong competitive advantages and significant growth potential [1] - The approach prioritizes fundamental analysis, seeking stocks that are trading at a discount to their intrinsic value, with a clear margin of safety [1] - The long-term investment horizon of 5-7 years aims for wealth accumulation through compounding while emphasizing downside protection and occasionally adopting contrarian views during market uncertainties [1]