The country’s best-performing real estate investment trust specializes in an unusual type of tenant: marijuana farms. Innovative Industrial Properties, which owns warehouses where farmers grow cannabis, netted investors a profit of 117 percent over the past year, Bloomberg reported. That makes it by far the most successful REIT at a time when many big-name trusts are struggling. But the returns come with a major risk: it is technically breaking federal laws. Although all the states […]
source https://therealdeal.com/2018/11/10/a-cannabis-landlord-is-this-years-best-performing-reit/
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