IIPR subsidiaries secure $22.9M in property-backed loans at 6.67% fixed rate, parent guarantees

Filed May 19, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  Two IIPR subsidiaries borrowed $22.9M total from Amalgamated Bank ($10.5M for Massachusetts property, $12.4M for Pennsylvania property) secured by first-priority mortgages on the underlying real estate.

  Item 1.01 verify on EDGAR →
• high

  Parent company provided unsecured guarantees for both subsidiary loans, creating direct financial obligation if subsidiaries default on the debt.

  Item 1.01 verify on EDGAR →
• medium

  Loans carry 6.67% fixed interest rate with 5-year maturity (June 2031), monthly payments on 25-year amortization schedule starting July 2026.

  Item 1.01 verify on EDGAR →